1,154 Sq. Ft.
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Linwood Ave
Bogota, NJ 07603

Overview

This Preforeclosure is located at Linwood Ave, Bogota, NJ 07603. It has , 1,154 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 43891217

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Property Information

  • Living Area Size: 1,154
  • Year Built: 1924
  • Day(s) On Site: 3004
  • Plaintiff: ONEWEST BANK, FSB
  • Defendant Name: RICHARD P. JOHNSON, AS EXECUTOR AND TRUSTEE OF THE ESTATE OF MARGARET KANE, ET ALS
  • Case Number: F-14003001
  • Deed Category: NFS
  • Attorney Name: FEIN SUCH KAHN & SHEPARD PC
  • Docket Number: F3246610
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Public Records

  • No. of Stories: 2
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 6,499
  • Year Built: 1924
  • APN: 04-00054-0000-00019
  • Property Type: Single Family Residence
  • Township: BOGOTA BORO
  • Front Footage: 50
  • Depth Footage: 130
  • Living Sqft: 1,154

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: 09-05-2014
  • Auction Location: Bergen County Justice Center, 10 Main ST, Hackensack, NJ 07601

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foreclosure.com

Linwood Ave
Bogota, NJ 07603

1,154 sq. ft.

 

Status: Inactive Listing ID: 43891217

Property Information

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Public Records

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Property Description

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Listing URL

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