3 Beds   2 Baths   1,040 Sq. Ft.   Single-Family
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Cathay Dr
San Jose, CA 95122

Status: Inactive
Listing ID: 29984878

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,040
  • Total Rooms: 5
  • Lot Size: 0.13 acres
  • Levels: 1
  • Year Built: 1959
  • Source ID: 9312158
  • Estimated Value: $273,100
  • Day(s) On Site: 3924
  • Subdivision: TROPICANA VILLAGE
  • Assessed Value: $280,000
  • Parcel Number: 48615073
  • Property Type: Single Family Dwelling
  • Defendant Name: HILARIO CASTILLO
  • Last Sale Amount: $585,000
  • Last Sale Date: 07-12-2005
  • Trustee Name: RECONTRUST COMPANY
  • Trustee Address: 1800 TAPO CANYON ROAD
  • Trustee City: SIMI VALLEY
  • Trustee State: CA
  • Trustee Zip: 93063
  • Trustee Phone: (800) 281-8219
  • Trustee Reference Number: 20080073150
  • Deed Category: NFS
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Parking Sqft: 370
  • Fireplaces: YES
  • Construction Type: WOOD
  • Exterior Wall Type: BLOCK
  • Land Area Sqft: 5,778
  • Year Built: 1959
  • APN: 486-15-073
  • Property Type: Single Family Residence
  • Front Footage: 54
  • Depth Footage: 107
  • Living Sqft: 1,040
  • Garage: YES
  • Style: RECTANGULAR DESIGN
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: TROPICANA VILLAGE
  •  

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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Auction Information

  • Auction Date: 12-14-2011
  • Auction Time: 11:00 AM
  • Auction Address: 190 NORTH MARKET STREET

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San Jose, CA
Home Inspectors
Silver Creek Inspections
Goran Subotin
408-224-4688
HomeGuard Incorporated
Dave Lovelace
408-993-1900
HomeGuard Incorporated
Andrew Candelario
866-993-1900
HomeGuard Incorporated
Tomas Carmona
855-331-1900
HomeGuard Incorporated
Dean Phillips, Jr.
925-294-1800
Homes On This Street
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Cathay Dr
San Jose, CA 95122

3 Beds   2 Baths   1,040 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 29984878

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=29984878

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