3 Beds   2 Baths   1,601 Sq. Ft.   Single-Family
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Raintree Trl
Oakwood, GA 30566

Overview

This Single-Family Preforeclosure is located at Raintree Trl, Oakwood, GA 30566. It has 3 Beds, 2 Baths , 1,601 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 43153772

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,601
  • Total Rooms: 6
  • Levels: 1
  • Heating Type: Forced Air
  • Year Built: 1974
  • Source ID: 14826090
  • Estimated Value: $147,907
  • Day(s) On Site: 3071
  • Assessed Value: $64,744
  • Parcel Number: 08077 003022
  • Property Type: Single Family Dwelling
  • Defendant Name: IVORY JAMES LEE
  • Plaintiff: HOUSEHOLD REALTY CORPORATION
  • Recording Book: 4722
  • Trustee Name: ALDRIDGE CONNORS LLP
  • Trustee Address: 3575 PIEDMONT ROAD N.E. SUITE 500
  • Trustee City: ATLANTA
  • Trustee State: GA
  • Trustee Zip: 30305
  • Trustee Phone: (404) 994-7400
  • Trustee Reference Number: 1021-686679A
  • Deed Category: NTS
  • Mortgage Balance: $149,096
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: CENTRAL
  • Fireplaces: WOOD STOVE
  • Exterior Wall Type: FRAME
  • Foundation Type: MASONRY
  • Heating Fuel: GAS
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 28,726
  • Year Built: 1974
  • APN: 08-0077-03-022
  • Property Type: Single Family Residence
  • Township: COUNTY
  • Front Footage: 106
  • Depth Footage: 271
  • Living Sqft: 1,601
  • Garage: CARPORT
  • Style: RANCH
  • Sewer Type: SEPTIC
  • Water Type: PUBLIC
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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: 04-01-2014
  • Auction Address: COURTHOUSE DOOR OF HALL COUNTY
  • Auction City: GAINESVILLE

    Loan Information

  • 1st Mortgage Date: 08-28-2003
  • Mortgage Balance: $149,096

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Listing History

Start Date End Date Listing Type Bank Name
04/13/22 06/07/22 Preforeclosure
04/12/22 06/07/22 Preforeclosure
12/03/13 12/03/14 Tax Lien

Oakwood, GA
Home Inspectors
Top to Bottom Home Inspection Service
Steven W. Goolsby
404-372-0901
Homes On This Street
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Raintree Trl
Oakwood, GA 30566

3 Beds   2 Baths   1,601 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 43153772

Property Information

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Public Records

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Property Description

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Listing URL

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