1.5 Baths   1,428 Sq. Ft.
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W Morris Leonard Rd
Salisbury, MD 21804

Status: Inactive
Listing ID: 56859535

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Property Information

  • Bathrooms: 1.5
  • Living Area Size: 1,428
  • Year Built: 1961
  • Day(s) On Site: 74
  • Subdivision: SCHADOWALD WILLIAM C PROP
  • Deed Category: NFS

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Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: SPLIT SYSTEM
  • Exterior Wall Type: FRAME
  • Heating Type: HOT AIR
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 63,597
  • Year Built: 1961
  • APN: 0030-0019-0156-0000-0000
  • Property Type: Single Family Residence
  • Township: 05
  • Living Sqft: 1,428
  • Garage: CARPORT
  • Style: CONVENTIONAL
  • Sewer Type: PRIVATE
  • Water Type: PRIVATE
  • Subdivision: SCHADOWALD WILLIAM C PROP

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 11-19-2021
  • Auction Time: 2:30 PM
  • Auction Location: WICOMICO COURTHOUSE AT 101 NORTH DIVISION STREET, SALISBURY, MARYLAND 21801

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Listing History

Start Date End Date Listing Type Bank Name
10/28/21 11/19/21 Preforeclosure
02/24/20 06/23/20 Preforeclosure

Salisbury, MD
Home Inspectors
Chesapeake Inspection Services, Llc
Gregory Shahady
410-251-1425
High Tech Home Inspections
Christopher E LeCates
410-713-5080
Esham Inspections
Otis (Bud) Esham
4436693977
Homes On This Street
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W Morris Leonard Rd
Salisbury, MD 21804

1.5 Baths   1,428 sq. ft.

 

Status: Inactive Listing ID: 56859535

Property Information

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Public Records

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Property Description

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Listing URL

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