3 Beds   3 Baths   3,146 Sq. Ft.   Condo
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Bailard Rd # 1
Malibu, CA 90265

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Overview

This Condo is located at Bailard Rd # 1, Malibu, CA 90265. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 3 Baths , 3,146 sqft of living space.
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Status: Inactive
Listing ID: 36154200

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Property Information

  • Bedrooms: 3
  • Bathrooms: 3
  • Living Area Size: 3,146
  • Lot Size: 0.29 acres
  • Year Built: 1973
  • Source ID: 11517616
  • Estimated Value: $1,721,586
  • Day(s) On Site: 3753
  • Assessed Value: $288,947
  • Parcel Number: 4470002054
  • Property Type: Condo
  • Defendant Name: LABARBERA GERALD
  • Trustee Name: CALIFORNIA RECONVEYANCE COMPANY
  • Trustee Address: 9200 OAKDALE AVENUE
  • Trustee City: ALLENDALE
  • Trustee State: CA
  • Trustee Zip: 95688
  • Trustee Phone: (800) 892-6902
  • Trustee Reference Number: 454239CA
  • Deed Category: NTS
  • Mortgage Balance: $1,038,514

Public Records

  • Bedrooms: 3
  • Baths: 3
  • Full Baths: 3
  • Heating Type: CENTRAL
  • Land Area Sqft: 12,507
  • Effective Year Built: 1983
  • Year Built: 1973
  • APN: 4470-002-054
  • Property Type: Condominium
  • Living Sqft: 3,146

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: 09-11-2012
  • Auction Time: 11:00 AM
  • Auction Address: 400 CIVIC CENTER PLAZA

    Loan Information

  • Mortgage Balance: $1,038,514

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Bailard Rd # 1
Malibu, CA 90265

3 Beds   3 Baths   3,146 sq. ft.   Condo

 

Status: Inactive Listing ID: 36154200

Property Information

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Public Records

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Property Description

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Listing URL

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