2 Baths   1,560 Sq. Ft.   Single-Family
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Se 13th Ave
Okeechobee, FL 34974

Status: Inactive
Listing ID: 38195592

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,560
  • Lot Size: 0.32 acres
  • Air Conditioning: Central
  • Year Built: 1988
  • Source ID: 12590162
  • Estimated Value: $71,095
  • Day(s) On Site: 3436
  • Subdivision: OKEECHOBEE DEV CO
  • Assessed Value: $57,692
  • Parcel Number: R32237350320000B00070
  • Property Type: Single Family Dwelling
  • Plaintiff: FLAGSTAR BANK FSB
  • Defendant Name: GEORGIA L RUSINKO
  • Case Number: 47-2012-CA-000029
  • Recording Date: 08-09-2012
  • Last Sale Amount: $174,500
  • Last Sale Date: 05-19-2006
  • Trustee Name: SHARON ROBERTSON
  • Trustee Address: 312 NORTHWEST 3RD STREET
  • Trustee City: OKEECHOBEE
  • Trustee State: FL
  • Trustee Zip: 34972
  • Trustee Phone: (863) 763-2131
  • Deed Category: NFS
  • Mortgage Balance: $67,167

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Public Records

  • Baths: 2
  • Full Baths: 2
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: WOOD SHEATHING
  • Heating Type: CENTRAL
  • Roof Material: CORRUGATED METAL
  • Land Area Sqft: 14,069
  • Year Built: 1988
  • APN: R3-22-37-35-0320-000B0-0070
  • Property Type: Single Family Residence
  • Front Footage: 128
  • Depth Footage: 110
  • Living Sqft: 1,560
  • Subdivision: OKEECHOBEE DEV CO


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.


Auction Information

  • Auction Date: 05-01-2013
  • Auction Time: 11:00 AM
  • Auction Address: 312 NW 3RD ST

    Loan Information

  • Mortgage Balance: $67,167

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Se 13th Ave
Okeechobee, FL 34974

2 Baths   1,560 sq. ft.   Single-Family


Status: Inactive Listing ID: 38195592

Property Information

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Public Records

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Property Description

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