3.5 Baths   2,118 Sq. Ft.   Townhome
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N Paulina St
Chicago, IL 60622

Status: Inactive
Listing ID: 49804720

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Property Information

  • Bathrooms: 3.5
  • Living Area Size: 2,118
  • Year Built: 1996
  • lien_holder_1: USA FEDL 1003326129 63316
  • Comments: SEE FILE FOR ADDL LIENHOLDERS
  • lien_holder_2: USA FEDL 1435701097 21495
  • lien_holder_3: USA FEDL 1501301071 6432
  • Day(s) On Site: 1704
  • Sale Type: FORECLOSURE
  • Subdivision: LAKE VIEW
  • Parcel Number: 14 31 429 050 0000
  • Property Type: Townhouse
  • Defendant Phone: 7732272951
  • Plaintiff: WILMINGTON TRUST CO TRUSTEE
  • Owner First Name: PATRICIA E
  • Owner Last Name: RADEMACHER
  • 2nd Owner First Name: JAMES E
  • 2nd Owner Last Name: COSTON
  • Case Number: 17CH007327
  • Recording Date: 05-23-2017
  • Judgment Date: 01-01-2017
  • Judgment Value: $550,963
  • Input Date: 05-26-2017
  • Attorney Firm City: BURR RIDGE
  • Attorney Firm Address: 15W030 N FRONTAGE RD STE 100
  • Attorney Law Firm: CODILIS & ASSOCIATES PC
  • Attorney Firm Phone: (630) 794-5300
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60527-6921
  • Deed Category: NOD
  • Document Number: 0630548010

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Public Records

  • Baths: 3.5
  • Full Baths: 3
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: DETACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,437
  • Year Built: 1996
  • APN: 14-31-429-050-0000
  • Property Type: Single Family Residence
  • Living Sqft: 2,118
  • Basement Finish Type: RECREATION ROOM
  • Garage: DETACHED
  • Style: MODERN
  • Subdivision: LAKE VIEW

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

  • 1st Mortgage Date: 08-31-2006
  • 1st Mortgage Amount: $650,000
  • Mortgage Interest Rate: 812
  • Mortgage Term: 30
  • Mortgage Type: ARM

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Chicago, IL
Home Inspectors
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
True Blue Home Inspections, Inc.
James Clark
3129250166
Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
Chicagoland Home Inspectors Inc
Charles Bellefontaine
312-759-7045
Homes On This Street
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N Paulina St
Chicago, IL 60622

3.5 Baths   2,118 sq. ft.   Townhome

 

Status: Inactive Listing ID: 49804720

Property Information

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Public Records

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Property Description

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Listing URL

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