$3,378

3 Beds   2 Baths   1,612 Sq. Ft.   Single-Family
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Walker Dr
Downingtown, PA 19335

Potential Profit

$401,363

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Status: Active
Listing ID: 57097323

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
07/11/16
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

Potential Home Value

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Current Value
$3,378
Potential Value
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Public Records

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

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Downingtown, PA
Home Inspectors
Home Base Solutions, LLC
Andrew M Fritchey
610-836-2206
ABC Home Inspections, LLC
Brian A. Stumm
267-331-0256
James Royer
(215) 860-3150
Village Home Inspections, Inc.
Stephen J. Mento
610-873-1808
Homes On This Street
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Walker Dr
Downingtown, PA 19335

3 Beds   2 Baths   1,612 sq. ft.   Single-Family

$3,378

Status: Active Listing ID: 57097323

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Walker-Dr-Downingtown-PA-19335/57097323_lid

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