1,377 Sq. Ft.   Single-Family
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New Jersey Rd
Browns Mills, NJ 08015

Status: Inactive
Listing ID: 49879189

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Property Information

  • Living Area Size: 1,377
  • Lot Size: 0.23 acres
  • Levels: 1
  • Year Built: 1973
  • Source ID: 18658307
  • Day(s) On Site: 1835
  • Subdivision: PRESIDENTIAL LAKES SEC 01
  • Assessed Value: $87,300
  • Parcel Number: 2900704000000025
  • Property Type: Single Family Dwelling
  • Plaintiff: NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY
  • Defendant Name: GONZALEZ LEWIS
  • Case Number: F-011003-17
  • Recording Date: 05-12-2017
  • Last Sale Amount: $175,000
  • Last Sale Date: 05-23-2006
  • Document Book: 13276
  • Document Page: 13276
  • Trustee Address: 20000 HORIZON WAY
  • Trustee Name: PLUESE BECKER AND SALTZMAN LLC
  • Trustee City: MOUNT LAUREL
  • Trustee State: NJ
  • Trustee Zip: 08054
  • Trustee Phone: (856) 813-1700
  • Trustee Reference Number: 093348
  • Deed Category: LP
  • Document Number: 5299552
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Public Records

  • No. of Stories: 1
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 9,997
  • Year Built: 1973
  • APN: 29-00704-0000-00025
  • Property Type: Single Family Residence
  • Township: PEMBERTON TWP
  • Front Footage: 80
  • Depth Footage: 125
  • Living Sqft: 1,377
  • Subdivision: PRESIDENTIAL LAKES SEC 01
  •  

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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New Jersey Rd
Browns Mills, NJ 08015

1,377 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 49879189

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=49879189

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