3 Beds   2.5 Baths
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Mccormick Blvd
Newark, DE 19702

Status: Inactive
Listing ID: 30534394

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Year Built: 1999
  • Day(s) On Site: 3783
  • Subdivision: WOODLAND VILLAGE
  • Parcel Number: 1102110044
  • Owner First Name: Amanda
  • Owner Last Name: Bailey
  • Recording Date: 09-16-2011
  • Judgment Value: $201,199
  • Trustee Name: ATLANTIC LAW GROUP LLC
  • Deed Category: NTS

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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 7
  • No. of Stories: 2
  • Air Conditioning: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Foundation Type: TYPE UNKNOWN
  • Heating Type: HOT AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 10,890
  • Year Built: 1999
  • APN: 11-021.10-044
  • Property Type: Single Family Residence
  • Township: PENCADER HUNDRED
  • Front Footage: 90
  • Depth Footage: 120
  • Garage: YES
  • Style: COLONIAL
  • Subdivision: WOODLAND 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: 10-11-2011
  • Auction Time: 10:00 AM
  • Auction Address: 800 North French Street
  • Auction City: Wilmington
  • Auction State: DE

    Loan Information

  • Lender Name: BANK OF NEW YORK

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Newark, DE
Home Inspectors
Amerispec
Robert L Matthews Jr
302-218-8904
Paul Burch
3025981871
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Mccormick Blvd
Newark, DE 19702

3 Beds   2.5 Baths

 

Status: Inactive Listing ID: 30534394

Property Information

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Public Records

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Property Description

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Listing URL

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