3 Beds   2.5 Baths   2,556 Sq. Ft.
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Wesleyan Pointe
Decatur, GA 30034

Overview

This Preforeclosure is located at Wesleyan Pointe, Decatur, GA 30034. It has 3 Beds, 2.5 Baths , 2,556 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58150882

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Living Area Size: 2,556
  • Year Built: 1990
  • Day(s) On Site: 51
  • Subdivision: CHAPEL HILL PH 01
  • Plaintiff: FREEDOM MORTGAGE
  • Defendant Name: CHARLES BROOM
  • 2nd Plaintiff: HOUSING AND URBAN DEVELOPMENT
  • Case Number: FREM22029201
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: FRAME GARAGE
  • Parking Sqft: 408
  • Air Conditioning: YES
  • Fireplaces: YES
  • Exterior Wall Type: FRAME/WOOD
  • Land Area Sqft: 57,063
  • Year Built: 1990
  • APN: 15-034-01-122
  • Property Type: Single Family Residence
  • Township: UNINCORPORATED
  • Living Sqft: 2,556
  • Garage: FRAME
  • Subdivision: CHAPEL HILL PH 01

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: 07-05-2022
  • Auction Location: AT THE DEKALB COUNTY COURTHOUSE

    Loan Information

  • 1st Mortgage Date: 03-30-2017
  • 1st Mortgage Amount: $171,830
  • 2nd Mortage Date: 09-14-2019
  • 2nd Mortage Amount: $33,750

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Decatur, GA
Home Inspectors
Home Probe, Inc.
James N Owen III
404-218-1040
Home Probe, Inc
Mark Kinzie
404-406-4940
Home Probe, Inc.
Jeff Luther
404-218-1040
Home Probe, Inc
Wayman C. Anderson Jr.
404-218-1040
Home Probe, Inc.
Mike Townsend
404-536-4258
Homes On This Street
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Wesleyan Pointe
Decatur, GA 30034

3 Beds   2.5 Baths   2,556 sq. ft.

 

Status: Inactive Listing ID: 58150882

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=Wesleyan-Pointe-Decatur-GA-30034/58150882_lid

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