Single-Family
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Chelton Ave
Pittsburgh, PA 15226

Status: Inactive
Listing ID: 20467150

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Property Information

  • Day(s) On Site: 4585
  • Property Type: Single Family Dwelling
  • Defendant Name: Donald R. Chichilla
  • Recording Date: 12-03-2009
  • Attorney Name: Francis S. Hallinan
  • Attorney Phone: (215)5637000
  • Default Amount: $79,944
  • Deed Category: NOD

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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

  • Lender Name: Aurora Loan Services LLC

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Pittsburgh, PA
Home Inspectors
Three Rivers Inspection & Engineering, Inc.
Russell Kowalik
412-331-5665
HomePlusIsUs.com - Environmental Testing & Home In
Edward S. Lampl
412-222-5968
VBInspect.com
Jason Greenawalt
412-885-1133
Fort Pitt Home Inspection Service
Dan Horvath
412-401-5987
WIN Home Inspection - Murrysville
Cristopher Murphy
724-325-0020
Homes On This Street
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Chelton Ave
Pittsburgh, PA 15226

Single-Family

 

Status: Inactive Listing ID: 20467150

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/index.html?&listingid=20467150

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