3 Beds   2 Baths   1,099 Sq. Ft.

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Madrigal Ct
Orlando, FL 32825

Status: Inactive
Listing ID: 54428116

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,099
  • Year Built: 1985
  • Day(s) On Site: 760
  • Subdivision: DEVONWOOD UNIT 01A ADD 01
  • Plaintiff: BANK OF NEW YORK MELLON
  • Defendant Name: IRAIDA C CORDONA
  • Recording Date: 11-07-2019
  • Deed Category: NOD

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: FINISHED GARAGE
  • Parking Sqft: 255
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: CONCRETE/CINDER BLOCK
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 4,122
  • Year Built: 1985
  • APN: 30-22-26-2060-00-630
  • Property Type: Single Family Residence
  • Township: UNINCORPORATED
  • Living Sqft: 1,099
  • Garage: FINISHED
  • Subdivision: DEVONWOOD UNIT 01A ADD 01
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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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    Loan Information

  • 1st Mortgage Date: 12-20-2006
  • 1st Mortgage Amount: $322,500

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Orlando, FL
Home Inspectors

Florida Building Inspections, Inc.
Armando J Davila
407-699-8286
EGAL Home Inspections
Robert Burns
407-330-1010
K. Randall Home Inspections, LLC
Kevin R Rodak
407-484-3259
foreclosure.com

Madrigal Ct
Orlando, FL 32825

3 Beds   2 Baths   1,099 sq. ft.

 

Status: Inactive Listing ID: 54428116

Property Information

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Public Records

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Property Description

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Listing URL

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