3 Beds   1 Bath   1,000 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Cobb St
San Mateo, CA 94401

Overview

This Single-Family Preforeclosure is located at Cobb St, San Mateo, CA 94401. It has 3 Beds, 1 Bath , 1,000 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 39202334

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,000
  • Year Built: 1953
  • Day(s) On Site: 3400
  • Subdivision: SHOREVIEW MAP 10
  • Parcel Number: 035-096-140
  • Property Type: Single Family Dwelling
  • Owner First Name: KAMIPELI
  • Owner Last Name: FINAU
  • Recording Date: 04-23-2013
  • Trustee Name: RECONTRUST COMPANY, N.A.
  • Trustee Address: 1757 TAPO CANYON ROAD, SVW88
  • Trustee City: SIMI VALLEY
  • Trustee State: CA
  • Trustee Zip: 93063
  • Trustee Phone: (800) 281-8219
  • Trustee Sale Number: 12-0022638
  • Deed Category: NTS
  • Document Number: 221800
  • Page Number: 060659

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 400
  • Air Conditioning: CENTRAL
  • Land Area Sqft: 5,200
  • Year Built: 1953
  • APN: 035-096-140
  • Property Type: Single Family Residence
  • Front Footage: 52
  • Depth Footage: 100
  • Living Sqft: 1,000
  • Garage: ATTACHED
  • Subdivision: SHOREVIEW MAP 10

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

  • Minimum Bid: $662,272
  • Auction Date: 05-14-2013
  • Auction Time: 1:00PM
  • Auction Address: 2495 S DELAWARE ST
  • Auction City: SAN MATEO
  • Auction State: CA

    Loan Information

  • Lender Name: THE BANK OF NEW YORK TRUST CO
  • Lender Address: 14523 SOUTHWEST MILLIKAN WAY, SUITE 200
  • Lender City: BEAVERTON
  • Lender State: OR
  • Lender Zip: 97005
  • Lender Phone: (800) 669-6650
  • 1st Mortgage Date: 12-21-2005
  • 1st Mortgage Amount: $551,250

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San Mateo, CA
Home Inspectors
WIN Home Inspection San Mateo
Dan McPhee
650-375-0400
Homes On This Street
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Cobb St
San Mateo, CA 94401

3 Beds   1 Bath   1,000 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 39202334

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=39202334

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