3 Beds   2 Baths   1,400 Sq. Ft.
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Barbour Rd
Greensboro, NC 27406

Status: Inactive
Listing ID: 21528094

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,400
  • Garage: 3
  • Lot Size: 0.46
  • Year Built: 1959
  • Day(s) On Site: 4498
  • Assessed Value: $91,800
  • Defendant Name: Jose Manuel Zuniga
  • 2nd Owner Company Name: Maria Ofelia Zuniga
  • Case Number: 10SP1226
  • Recording Date: 03-05-2010
  • Trustee Name: Brock & Scott P.L.L.C.
  • Trustee City: Wilmington
  • Trustee Address: 5431 Oleander Drive Suite 200
  • Trustee State: NC
  • Trustee Zip: 28403
  • Trustee Phone: (910) 392-4988
  • Deed Category: NTS
  • Book: 6730
  • Page Number: 1586

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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.


Auction Information

  • Auction Date: 04-22-2010
  • Auction Time: 3:00 PM
  • Auction Address: 200 North Main Street
  • Auction City: Winston Salem
  • Auction State: NC

    Loan Information

  • Lender Name: Countrywide Home Loans Inc
  • Lender Address: 7105 Corporate Drive
  • Lender City: Plano
  • Lender State: TX
  • Lender Zip: 75024

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Greensboro, NC
Home Inspectors
Triad Home Inspections, Inc.
Ron Hough
Homes On This Street
View more homes on Barbour Rd

Barbour Rd
Greensboro, NC 27406

3 Beds   2 Baths   1,400 sq. ft.


Status: Inactive Listing ID: 21528094

Property Information

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