Get the Preforeclosure Address

Fillmore Ave
Brooklyn, NY 11234

*Rental Value Coming Soon

Overview

This is located at Fillmore Ave, Brooklyn, NY 11234. This listing is NOT an active listing. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 2556804

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Property Information

  • Day(s) On Site: 6184
  • Block Number: 8516
  • Lot Number: 15
  • Plaintiff: IndyMac Bank
  • Owner Name: DOUGLAS, Paul
  • Attorney Name: Rosicki, Rosicki
  • Attorney Phone: (845) 897-1600
  • Filing Type: M
  • Deed Category: NOD
  •  

Potential Home Value

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Public Records

  • No. of Stories: 1
  • Land Area Sqft: 2,800
  • APN: 08516-0015
  • Property Type: Duplex, Triplex, Quadplex
  • Township: OLD MILL BASIN
  • Front Footage: 28
  • Depth Footage: 100
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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

  • 1st Mortgage Date: 10/2001
  • 1st Mortgage Amount: $319,500

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Brooklyn, NY
Home Inspectors
Stellar Inspection Service, LLC
George Hansen
718-435-4031
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Fillmore Ave
Brooklyn, NY 11234

 

Status: Inactive Listing ID: 2556804

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=2556804

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