Single-Family
Get the Preforeclosure Address

S 4th St
Aurora, IL 60505

Overview

This Single-Family Preforeclosure is located at S 4th St, Aurora, IL 60505. It has This property is currently in auction.
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Status: Inactive
Listing ID: 53263560

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.26 acres
  • Source ID: 2623541
  • Day(s) On Site: 1019
  • Parcel Number: 1527329001
  • Property Type: Single Family Dwelling
  • Plaintiff: Wells Fargo Bank
  • Defendant Name: VICENTE VIDANA
  • Case Number: 17CH0465
  • Recording Date: 10-30-2019
  • Trustee Name: CODILIS & ASSOCIATES PC
  • Trustee Address: 15 W030 N Frontage Rd
  • Trustee City: Burr Ridge
  • Trustee State: IL
  • Trustee Zip: 60527
  • Trustee Phone: (630) 794-5300
  • Deed Category: NFS
  •  

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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: 12-05-2019
  • Auction Time: 9:00 AM
  • Auction Address: 37w777 Route 38 Rm Jc100
  • Auction City: St Charles

    AVM Analysis

  • Valuation Estimate: $212,000

    Loan Information

  • 1st Mortgage Date: 07-30-2013

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Aurora, IL
Home Inspectors
The Brickkicker
Robert Claus
630-546-0907
Homes On This Street
View more homes on S 4th St
foreclosure.com

S 4th St
Aurora, IL 60505

Single-Family

 

Status: Inactive Listing ID: 53263560

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=53263560

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