4 Beds   2 Baths   2,573 Sq. Ft.

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Sw 172nd Lane Rd
Ocala, FL 34473

Status: Inactive
Listing ID: 51422875

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 2,573
  • Year Built: 2010
  • Days On Site: 1156
  • Subdivision: MARION OAKS UN 04
  • Plaintiff: JPMORGAN CHASE BANK
  • Defendant Name: GEORGE JAMES
  • Recording Date: 09-24-2018
  • Deed Category: NOD

Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: FINISHED GARAGE
  • Parking Sqft: 510
  • Air Conditioning: YES
  • Exterior Wall Type: CONCRETE BLOCK/STUCCO
  • Foundation Type: SLAB
  • Heating Fuel: ELECTRIC
  • Heating Type: HEAT PUMP
  • Roof Material: SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 10,454
  • Effective Year Built: 2010
  • Year Built: 2003
  • APN: 8004-0478-07
  • Property Type: Single Family Residence
  • Township: MARION OAKS
  • Front Footage: 85
  • Depth Footage: 125
  • Living Sqft: 2,573
  • Garage: FINISHED
  • Sewer Type: SEPTIC
  • Subdivision: MARION OAKS UN 04
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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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    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    Loan Information

  • 1st Mortgage Date: 06-24-2003
  • 1st Mortgage Amount: $203,162

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Ocala, FL
Home Inspectors

Strategic Inspection Service
Terry D. Boring
352-867-7625
Building Inspection Services of Ocala Inc
Francis Gamache
352-867-5757
Strategic Inspection Service
Keith M. Carr
352-426-1151
foreclosure.com

Sw 172nd Lane Rd
Ocala, FL 34473

4 Beds   2 Baths   2,573 sq. ft.

 

Status: Inactive Listing ID: 51422875

Property Information

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Public Records

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Property Description

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Listing URL

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