Single-Family
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Kensington St
Shorewood, IL 60404

Status: Inactive
Listing ID: 39826528

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Property Information

  • Day(s) On Site: 3260
  • Sale Type: SHERIFF SALES
  • Subdivision: WESTFIELD VILLAGE UNIT 02
  • Parcel Number: 06 16 107 005 0000
  • Property Type: Single Family Dwelling
  • Plaintiff: US BANK TRUST NA
  • Owner First Name: SHRILEY
  • Owner Last Name: JOHNSON
  • Case Number: 11CH3793
  • Recording Date: 08-03-2011
  • Judgment Date: 12-01-2009
  • Judgment Value: $338,443
  • Input Date: 06-14-2013
  • Attorney Firm Phone: (630) 983-0770
  • Attorney Law Firm: FREEDMAN ANSELMO LINDBERG & RAPPE LLC
  • Deed Category: NFS
  • Document Number: R06-199124

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Public Records

  • Basement Sqft: 2,290
  • Parking Sqft: 506
  • APN: 05-06-16-107-005-0000
  • Property Type: Single Family Residence
  • Township: TROY TWP
  • Subdivision: WESTFIELD VILLAGE UNIT 02

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: 07-17-2013
  • Auction Time: 12:00 PM
  • Auction Location: WILL COUNTY COURTHOUSE 14 W JEFFERSON ST JOLIET IL 60432

    Loan Information

  • 1st Mortgage Date: 11-17-2006
  • 1st Mortgage Amount: $318,750
  • Mortgage Type: FHA

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Kensington St
Shorewood, IL 60404

Single-Family

 

Status: Inactive Listing ID: 39826528

Property Information

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Public Records

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Property Description

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Listing URL

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