Condo

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E 105th St Apt 4a
New York, NY 10029

Status: Inactive
Listing ID: 44967012

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Property Information

  • Levels: 4
  • Source ID: 15537793
  • Days On Site: 2641
  • Estimated Value: $520,793
  • Subdivision: FONTAINEBLEAU CONDO
  • Assessed Value: $21,396
  • Parcel Number: 16761307
  • Property Type: Condo
  • Plaintiff: DEUTSCHE BANK
  • Defendant Name: MATTHEW MELNIKOFF
  • Recording Date: 07-29-2014
  • Deed Category: NOD
  • Document Number: MN 2008 / 110335
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Public Records

  • APN: 1676-1307
  • Property Type: Condominium
  • Subdivision: FONTAINEBLEAU CONDO
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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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    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    Loan Information

  • 1st Mortgage Date: 08-04-2006

    NEW Credit Information Center

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New York, NY
Home Inspectors

Your House,Your Home Su Casa,Su Hogar Insp Co
Paul Lucien
2125442626
Precision Inspections LLC
Kenneth Carr
6462471867
foreclosure.com

E 105th St Apt 4a
New York, NY 10029

Condo

 

Status: Inactive Listing ID: 44967012

Property Information

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Public Records

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Property Description

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