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W Broad St
Burlington, NJ 08016

Overview

This Preforeclosure is located at W Broad St, Burlington, NJ 08016. This property is currently in auction.
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Status: Inactive
Listing ID: 50387122

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Property Information

  • Source ID: 17004478
  • Day(s) On Site: 1729
  • Plaintiff: U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR SASCO MORTGAGE LOAN TRUST 2002-12
  • Defendant Name: REGINA G. PIEDRA, HER HEIRS, DEVISEES, AND PERSONAL REPRESENTATIVES, AND HER, THEIR OR ANY OF THEIR SUCCESSORS IN RIGHT, TITLE AND INTEREST; KYLICIA M. BOWERY, AS CO-ADMINISTRATRIX OF THE ESTATE OF REGINA G. PIEDRA, DECEASED; SEMAJA M. BOWERY, INDIVIDUALLY AND AS CO-ADMINISTRATRIX OF THE ESTATE OF REGINA G. PIEDRA, DECEASED; U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE OF CVI LOAN TRUST I; RANCOCAS HOSPITAL N/K/A LOURDES MEDICAL CENTER OF BURLINGTON COUNTY; STATE OF NEW JERSEY; UNITED STATES OF AMERICA
  • Case Number: F-049163-14
  • Attorney Phone: (856) 813-5500
  • Attorney Law Firm: PHELAN HALLINAN DIAMOND & JONES PC
  • Deed Category: NFS
  •  

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Public Records

  • No. of Stories: 2
  • Exterior Wall Type: BRICK
  • Land Area Sqft: 1,437
  • APN: 05-00025-0000-00006
  • Property Type: Single Family Residence
  • Township: BURLINGTON CITY
  • Front Footage: 16
  • Depth Footage: 90
  • Style: ROW HOUSE
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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: 01-18-2018
  • Auction Time: 12:00 Noon
  • Auction Location: In The Freeholder's Board Room, County Administration Building, 49 Rancocas Road, Mount Holly, New Jersey.

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W Broad St
Burlington, NJ 08016

 

Status: Inactive Listing ID: 50387122

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=50387122

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