2 Beds   1 Bath   1,214 Sq. Ft.   Single-Family
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E Stevenson Dr
Glendale Heights, IL 60139

Overview

This Single-Family Preforeclosure is located at E Stevenson Dr, Glendale Heights, IL 60139. It has 2 Beds, 1 Bath , 1,214 sqft of living space. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 40892557

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,214
  • Year Built: 1975
  • Day(s) On Site: 3282
  • Sale Type: FORECLOSURE
  • Subdivision: PHEASANT RIDGE UNIT 01
  • Parcel Number: 02 27 301 039 0000
  • Property Type: Single Family Dwelling
  • Owner First Name: KATHLEEN
  • Plaintiff: FEDERAL NATIONAL MORTGAGE ASSN
  • Owner Last Name: AMBURGEY
  • Case Number: 13CH2362
  • Recording Date: 08-15-2013
  • Judgment Date: 04-01-2013
  • Judgment Value: $137,727
  • Input Date: 08-20-2013
  • Attorney Law Firm: JOHNSON BLUMBERG & ASSOCIATES LLC
  • Attorney Firm Phone: (312) 541-9710
  • Deed Category: NOD
  • Document Number: R2008054959
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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • Parking: ATTACHED GARAGE
  • Land Area Sqft: 5,691
  • Year Built: 1975
  • APN: 02-27-301-039
  • Property Type: Single Family Residence
  • Front Footage: 100
  • Depth Footage: 65
  • Living Sqft: 1,214
  • Garage: ATTACHED
  • Style: RANCH
  • Subdivision: PHEASANT RIDGE UNIT 01
  •  

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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    Loan Information

  • 1st Mortgage Date: 03-03-2008
  • 1st Mortgage Amount: $171,500
  • Mortgage Type: FHA

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E Stevenson Dr
Glendale Heights, IL 60139

2 Beds   1 Bath   1,214 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 40892557

Property Information

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Public Records

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Property Description

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Listing URL

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