3 Beds   2 Baths   1,577 Sq. Ft.   Single-Family

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Snowbird Ln
Douglasville, GA 30134

Status: Inactive
Listing ID: 35065014

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,577
  • Levels: 2
  • Air Conditioning: Central
  • Year Built: 2004
  • Source ID: 10979171
  • Estimated Value: $73,900
  • Assessed Value: $26,520
  • Parcel Number: 07040130039
  • Property Type: Single Family Dwelling
  • Defendant Name: FRANCIS O EKO
  • Last Sale Amount: $111,900
  • Last Sale Date: 05-17-2005
  • Trustee Name: JOHNSON AND FREEDMAN LLC
  • Trustee Address: 1587 NORTHEAST EXPRESSWAY
  • Trustee City: ATLANTA
  • Trustee State: GA
  • Trustee Zip: 30329
  • Trustee Phone: (770) 234-9181
  • Trustee Reference Number: 1874109
  • Deed Category: NFS

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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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Auction Information

  • Auction Date: 07-03-2012
  • Auction Address: COURTHOUSE DOOR OF DOUGLAS COUNTY

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Douglasville, GA
Home Inspectors

Spectrum Property Inspections, LLC
Rodney A Ruffin
470-216-7001
LunsPro Home Inspections
Aron Gebhardt
770-483-2808
Wilson Consulting
Joe Wilson
404-259-1071
foreclosure.com

Snowbird Ln
Douglasville, GA 30134

3 Beds   2 Baths   1,577 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 35065014

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Property Description

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