4 Beds   2 Baths   2,075 Sq. Ft.   Land
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Walter Rd
North Olmsted, OH 44070

Overview

This Land Preforeclosure is located at Walter Rd, North Olmsted, OH 44070. It has 4 Beds, 2 Baths , 2,075 sqft of living space. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 57059345

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 2,075
  • Lot Size: 0.35 acres
  • Year Built: 1948
  • Source ID: 182279221
  • Day(s) On Site: 256
  • Parcel Number: 231-30-012
  • Property Type: Land
  • Plaintiff: US Bank NA
  • Defendant Name: CHRISTOPHER CABOT
  • Case Number: CV-21-956311
  • Recording Date: 11-24-2021
  • Trustee Name: MARK R LEMBRIGHT
  • Trustee Address: Po Box 31909
  • Trustee City: Independence
  • Trustee State: OH
  • Trustee Zip: 44131
  • Trustee Phone: (216) 588-1500
  • Deed Category: LP

Potential Home Value

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Public Records

  • Bedrooms: 4
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 7
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 480
  • Air Conditioning: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 15,345
  • Effective Year Built: 1952
  • Year Built: 1948
  • APN: 231-30-012
  • Property Type: Single Family Residence
  • Front Footage: 97
  • Depth Footage: 165
  • Living Sqft: 2,075
  • Garage: ATTACHED
  • Style: RANCH
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC

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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    Loan Information

  • 1st Mortgage Date: 11-01-2001

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North Olmsted, OH
Home Inspectors
United Home Pro Systems Inc.
William Piar
216-559-6789
HomeWise Building Inspection Services
John Cundiff CMI
440-821-8820
Homes On This Street
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Walter Rd
North Olmsted, OH 44070

4 Beds   2 Baths   2,075 sq. ft.   Land

Active 

Status: Inactive Listing ID: 57059345

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=Walter-Rd-North-Olmsted-OH-44070/57059345_lid

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