4 Beds   2.5 Baths   1,983 Sq. Ft.
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Terrace Green Trce
Stone Mountain, GA 30088

*Rental Value Coming Soon

Overview

This is located at Terrace Green Trce, Stone Mountain, GA 30088. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 2.5 Baths , 1,983 sqft of living space.
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Status: Inactive
Listing ID: 52703374

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Living Area Size: 1,983
  • Year Built: 1986
  • Source ID: 20335510
  • Day(s) On Site: 1233
  • Subdivision: HIDDEN HILLS 11-A
  • Defendant Name: JOHNSON MELISSA A
  • Plaintiff: CARRINGTON MORTGAGE SERVICES LLC
  • Deed Category: NFS
  •  

Public Records

  • Bedrooms: 4
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: BUILT-IN GARAGE
  • Parking Sqft: 588
  • Air Conditioning: YES
  • Fireplaces: YES
  • Exterior Wall Type: FRAME/WOOD
  • Land Area Sqft: 12,350
  • Year Built: 1986
  • APN: 16-005-05-003
  • Property Type: Single Family Residence
  • Township: UNINCORPORATED
  • Front Footage: 95
  • Depth Footage: 130
  • Living Sqft: 1,983
  • Garage: BUILT IN
  • Subdivision: HIDDEN HILLS 11-A

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: 08-06-2019
  • Auction Address: COURTHOUSE DOOR OF DEKALB COUNTY
  • Auction City: DECATUR

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Terrace Green Trce
Stone Mountain, GA 30088

4 Beds   2.5 Baths   1,983 sq. ft.

 

Status: Inactive Listing ID: 52703374

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=52703374

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