912 Sq. Ft.
Get the Preforeclosure Address

Chelsea St
Forked River, NJ 08731

Overview

This Preforeclosure is located at Chelsea St, Forked River, NJ 08731. It has , 912 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 50041193

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Property Information

  • Living Area Size: 912
  • Year Built: 1970
  • Day(s) On Site: 1831
  • Defendant Name: PAMELA DONAHUE, ET ALS
  • Plaintiff: U.S. BANK TRUST N.A., AS TRUSTEE FO
  • Case Number: 770470
  • Judgment Value: $373,584
  • Attorney Name: PHELAN HALLINAN DIAMOND & JONES PC
  • Attorney Phone: (856) 813-5500
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Public Records

  • No. of Stories: 1
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 9,583
  • Year Built: 1970
  • APN: 01488-0000-00030
  • Property Type: Single Family Residence
  • Township: LACEY TWP
  • Front Footage: 100
  • Depth Footage: 100
  • Living Sqft: 912

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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Auction Information

  • Auction Date: 09-26-2017
  • Auction Time: 2:00 PM
  • Auction Location: Administration Building, Room 119, 101 Hooper Avenue, Toms River, NJ 08753

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foreclosure.com

Chelsea St
Forked River, NJ 08731

912 sq. ft.

 

Status: Inactive Listing ID: 50041193

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=50041193

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