4 Beds   3 Baths   2,804 Sq. Ft.   Single-Family
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Broad Bay Rd
Virginia Beach, VA 23451

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Overview

This Single-Family is located at Broad Bay Rd, Virginia Beach, VA 23451. 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 4 Beds, 3 Baths , 2,804 sqft of living space.
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Status: Inactive
Listing ID: 36733816

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Living Area Size: 2,804
  • Total Rooms: 10
  • Lot Size: 0.34 acres
  • Levels: 1
  • Year Built: 1965
  • Source ID: 11812764
  • Estimated Value: $536,939
  • Day(s) On Site: 3777
  • Subdivision: BROAD BAY COLONY
  • Parcel Number: 14997845270000
  • Property Type: Single Family Dwelling
  • Defendant Name: RITTER LAURENCE E
  • Trustee Name: SAMUEL I WHITE PC
  • Trustee City: VIRGINIA BEACH
  • Trustee Address: 5040 CORPORATE WOODS DR SUITE 120
  • Trustee State: VA
  • Trustee Zip: 23462
  • Trustee Phone: (757) 457-1460
  • Trustee Reference Number: 40-021368-12/CONV
  • Deed Category: NTS
  • Mortgage Balance: $105,000

Public Records

  • Bedrooms: 4
  • Baths: 3.5
  • Full Baths: 3
  • Half Baths: 1
  • Rooms: 10
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 264
  • Air Conditioning: CENTRAL
  • Fireplaces: MASONRY
  • Pool: INGROUND
  • Construction Type: WOOD
  • Exterior Wall Type: BRICK
  • Heating Type: FORCED AIR OIL
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: HIP
  • Land Area Sqft: 14,898
  • Effective Year Built: 1985
  • Year Built: 1965
  • APN: 149-978-45270-000
  • Property Type: Single Family Residence
  • Township: LYNNHAVEN
  • Living Sqft: 2,804
  • Garage: ATTACHED
  • Subdivision: BROAD BAY COLONY
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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: 10-18-2012
  • Auction Time: 03:00 PM
  • Auction Address: 5040 CORPORATE WOODS DRIVE SUITE 120

    Loan Information

  • 1st Mortgage Date: 07-25-2003
  • Mortgage Balance: $105,000

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Broad Bay Rd
Virginia Beach, VA 23451

4 Beds   3 Baths   2,804 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 36733816

Property Information

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Public Records

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Property Description

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Listing URL

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