2 Baths   2,344 Sq. Ft.
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S Carpenter St
Chicago, IL 60621

Status: Inactive
Listing ID: 3330896

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Property Information

  • Bathrooms: 2
  • Living Area Size: 2,344
  • Year Built: 1901
  • Property Description: APARTMENT BUILDING
  • Day(s) On Site: 5811
  • County: COOK
  • Sale Type: FORECLOSURE
  • Subdivision: POWELL & MASONS RESUB
  • Census Block: 3001
  • Census Tract: 681100
  • Latitude: 41.767874
  • Longitude: 87.650407
  • Plaintiff: CPT ASSET BACKED CERTIFICATES
  • Owner First Name: ROBERT
  • Owner Last Name: STACKER
  • Case Number: 06CH003221
  • Recording Date: 021506
  • Judgment Value: $142,390
  • Input Date: 2/23/2006 0:00:00
  • Attorney Firm Address: 15W030 N FRONTAGE RD STE 100
  • Attorney Firm City: BURR RIDGE
  • Attorney Law Firm: CODILIS & ASSOCIATES
  • Attorney Firm Phone: (630) 794-9876
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60527
  • Deed Category: NOD
  • Document Number: 04360614012
  •  

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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 2
  • Air Conditioning: YES
  • Exterior Wall Type: MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,125
  • Year Built: 1901
  • APN: 20-20-419-020-0000
  • Property Type: Apartment
  • Living Sqft: 2,344
  • Basement Finish Type: UNFINISHED
  • Style: MULTI-FAMILY
  • Subdivision: POWELL & MASONS RESUB

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: 8/20/2004 0:00:00
  • 1st Mortgage Amount: $144,000
  • Mortgage Interest Rate: 694
  • Mortgage Type: CONVENTIONAL

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Chicago, IL
Home Inspectors
Chicagoland Home Inspectors Inc
Charles Bellefontaine
312-759-7045
True Blue Home Inspections, Inc.
James Clark
3129250166
Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Homes On This Street
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S Carpenter St
Chicago, IL 60621

2 Baths   2,344 sq. ft.

 

Status: Inactive Listing ID: 3330896

Property Information

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Public Records

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Property Description

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Listing URL

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