2 Baths   1,216 Sq. Ft.   Single-Family
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Derby Pl
Zebulon, NC 27597

Status: Inactive
Listing ID: 28273805

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,216
  • Total Rooms: 5
  • Lot Size: 0.3 acres
  • Levels: 1
  • Heating Type: Forced Air
  • Year Built: 1986
  • Source ID: 7389945
  • Estimated Value: $125,472
  • Day(s) On Site: 4084
  • Subdivision: WEDGEWOOD SEC 07
  • Assessed Value: $153,282
  • Parcel Number: 179512953203000
  • Property Type: Single Family Dwelling
  • Plaintiff: WELLS FARGO BANK
  • Defendant Name: DANIEL SYDNEY Y
  • Recording Date: 04-27-2011
  • Last Sale Amount: $124,000
  • Last Sale Date: 07-30-2007
  • Document Book: 014333
  • Document Page: 2446
  • Trustee Name: BROCK AND SCOTT PLLC TR
  • Trustee Address: 5431 OLEANDER DRIVE SUITE 200
  • Trustee City: WILMINGTON
  • Trustee State: NC
  • Trustee Zip: 28403
  • Trustee Phone: (910) 392-4988
  • Trustee Reference Number: 1106691FC01
  • Deed Category: NOD
  • Mortgage Balance: $124,000
  •  

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Public Records

  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: SEPARATE SYSTEM
  • Fireplaces: YES
  • Exterior Wall Type: FRAME
  • Heating Fuel: ELECTRIC
  • Heating Type: FORCED AIR
  • Roof Type: GABLE
  • Land Area Sqft: 13,068
  • Year Built: 1986
  • APN: 1795.12-95-3203000
  • Property Type: Single Family Residence
  • Township: ZEBULON
  • Living Sqft: 1,216
  • Garage: CARPORT
  • Style: CONVENTIONAL
  • Subdivision: WEDGEWOOD SEC 07

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

  • Mortgage Balance: $124,000

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Derby Pl
Zebulon, NC 27597

2 Baths   1,216 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 28273805

Property Information

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Public Records

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Property Description

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Listing URL

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