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Lukes Dr
Mansfield, OH 44905

Status: Inactive
Listing ID: 24254394

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Property Information

  • Additional Information: All bids begin at 2/3 of the appraised value of the property unless dictated otherwise by the Courts. If you purchase a property, you will need either a cashier's check, personal check or cash in the amount of the required deposit. Balance will be due according to the terms of the sale. All sales stipulate "buyer beware". Meaning, that the inside of the house may not have been examined by an appraiser because access was not available, and the sale could be set aside because of significant damage inside the house. If you are the successful bidder, a deed will be prepared by the Sheriff's Office once a copy of your confirmation from the Clerks Office is received. Deeds take approximately 2 to 4 weeks after confirmation.
  • Day(s) On Site: 4281
  • Appraised Value: $42,000
  • Case Number: 10-36H
  • Deed Category: NFS

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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: 10-01-2010
  • Auction Time: 10:00 AM
  • Auction Location: Cafeteria area located on the first floor in the People's Community Center Building
  • Auction Address: 597 Park Avenue East
  • Auction City: Mansfield
  • Auction State: OH

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Listing History

Start Date End Date Listing Type Bank Name
11/02/21   Bankruptcy
03/04/11 04/13/11 Foreclosure

Mansfield, OH
Home Inspectors
Medallion Inspection Services
Rob Roth
(419) 564-3851
Homes On This Street
View more homes on Lukes Dr

Lukes Dr
Mansfield, OH 44905


Status: Inactive Listing ID: 24254394

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