4 Beds   2.5 Baths   2,180 Sq. Ft.
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Nottaway Dr
Jamestown, NC 27282

Status: Inactive
Listing ID: 48902270

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Living Area Size: 2,180
  • Garage: 2
  • Lot Size: 0.27
  • Fireplace: 1
  • Year Built: 2000
  • Day(s) On Site: 1937
  • Subdivision: LAKESIDE/NOTTINGHAM SEC 03
  • Assessed Value: $167,700
  • Defendant Name: Janak P Marhatta
  • 2nd Owner Company Name: Prabha C Marhatta
  • Case Number: 16SP1953
  • Recording Date: 10-07-2016
  • Last Sale Price: $110,800
  • Filing Date: 09-22-2016
  • Trustee Name: Brock & Scott P.L.L.C.
  • Trustee Address: 5431 Oleander Drive Suite 200
  • Trustee City: Wilmington
  • Trustee State: NC
  • Trustee Zip: 28403
  • Trustee Phone: (910) 392-4988
  • Deed Category: NOD
  • Book: 7525
  • Page Number: 650
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Public Records

  • Bedrooms: 4
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: FINISHED GARAGE
  • Parking Sqft: 400
  • Air Conditioning: CENTRAL
  • Fireplaces: PREFAB
  • Exterior Wall Type: ALUMINUM/VINYL
  • Floor Type: CONCRETE
  • Foundation Type: CONTINUOUS FOOTING
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT/COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 11,761
  • Year Built: 2000
  • APN: 0211356
  • Property Type: Single Family Residence
  • Township: HIGH POINT
  • Living Sqft: 2,180
  • Garage: FINISHED
  • Subdivision: LAKESIDE/NOTTINGHAM SEC 03

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

  • Lender Name: Bank of America NA c/o BAC Home Loans
  • Lender Address: 7105 Corporate Drive
  • Lender City: Plano
  • Lender State: TX
  • Lender Zip: 75024
  • Last Mortgage Date: 08-22-2013

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Listing History

Start Date End Date Listing Type Bank Name
08/12/21 12/10/21 Preforeclosure Federal Home Loan Mortgage ...

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Nottaway Dr
Jamestown, NC 27282

4 Beds   2.5 Baths   2,180 sq. ft.

 

Status: Inactive Listing ID: 48902270

Property Information

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Public Records

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Property Description

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