2.5 Baths   1,694 Sq. Ft.   Condo
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Bristol Ln
Buffalo Grove, IL 60089


This Condo Preforeclosure is located at Bristol Ln, Buffalo Grove, IL 60089. It has 2.5 Baths , 1,694 sqft of living space. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 45498759

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Property Information

  • Bathrooms: 2.5
  • Living Area Size: 1,694
  • Year Built: 1994
  • Day(s) On Site: 2871
  • Sale Type: FORECLOSURE
  • Subdivision: CONCORD PLACE CONDO
  • Parcel Number: 15 30 410 005 0000
  • Property Type: Condo
  • Owner First Name: YOUNG TAEK
  • Owner Last Name: KIM
  • Case Number: 14CH1937
  • Recording Date: 09-30-2014
  • Judgment Date: 02-01-2014
  • Judgment Value: $223,146
  • Input Date: 10-07-2014
  • Attorney Law Firm: WIRBICKI LAW GROUP
  • Attorney Firm Phone: (312) 360-9455
  • Deed Category: NOD
  • Document Number: 6396107

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Public Records

  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Parking Sqft: 448
  • Air Conditioning: CENTRAL
  • Year Built: 1994
  • APN: 15-30-410-005-0000
  • Property Type: Condominium
  • Living Sqft: 1,694
  • Garage: ATTACHED
  • Subdivision: CONCORD PLACE CONDO


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.


    Loan Information

  • 1st Mortgage Date: 09-19-2008
  • 1st Mortgage Amount: $232,000
  • Mortgage Type: CONVENTIONAL

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Bristol Ln
Buffalo Grove, IL 60089

2.5 Baths   1,694 sq. ft.   Condo


Status: Inactive Listing ID: 45498759

Property Information

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Public Records

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Property Description

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