3 Beds   2 Baths   2,134 Sq. Ft.   Single-Family
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Walnut St
Lynnfield, MA 01940

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Overview

This Single-Family is located at Walnut St, Lynnfield, MA 01940. This listing is NOT an active listing. It has 3 Beds, 2 Baths , 2,134 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56572345

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 2,134
  • Lot Size: 0.70 acres
  • Year Built: 1968
  • Source ID: 14098426
  • Day(s) On Site: 420
  • Parcel Number: LYNF M:0054 B:0000 L:0563
  • Property Type: Single Family Dwelling
  • Plaintiff: US Bank Na Tr
  • Defendant Name: Juan C Vargas-Torros
  • Case Number: 0021SM000756
  • Recording Date: 07-15-2021
  • Deed Category: LP

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 1,150
  • Parking: BASEMENT GARAGE
  • Air Conditioning: YES
  • Fireplaces: YES
  • Construction Type: FRAME
  • Exterior Wall Type: WOOD SIDING/SHINGLE
  • Heating Type: FORCED HOT WATER
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 30,276
  • Year Built: 1968
  • APN: LYNF-000054-000000-000563
  • Property Type: Single Family Residence
  • Township: LYNNFIELD
  • Living Sqft: 2,134
  • Garage: BASEMENT - 1 CAR
  • Parking Spaces: 1
  • Style: SPLIT FOYER
  •  

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 City: Lynnfield

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Listing History

Start Date End Date Listing Type Bank Name
03/17/22 08/14/22 Preforeclosure US BANK
11/26/18 12/06/18 Foreclosure

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Walnut St
Lynnfield, MA 01940

3 Beds   2 Baths   2,134 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56572345

Property Information

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Public Records

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Property Description

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Listing URL

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