2 Beds   2 Baths   1,256 Sq. Ft.
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Fairways Blvd Apt 203
Bradenton, FL 34209

Status: Inactive
Listing ID: 54737769

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,256
  • Year Built: 1989
  • Source ID: 20658935
  • Day(s) On Site: 750
  • Subdivision: FAIRWAYS 02 AT THE
  • Parcel Number: 5096375158
  • Plaintiff: BANK OF AMERICA NA
  • Defendant Name: MELROSE MILO F
  • Case Number: 2019CA005349AX
  • Recording Date: 12-03-2019
  • Document Book: 2815
  • Document Page: 5021
  • Trustee Name: MARINOSCI LAW GROUP P A
  • Trustee City: FORT LAUDERDALE
  • Trustee Address: 100 WEST CYPRESS CREEK RD SUITE 1045
  • Trustee State: FL
  • Trustee Zip: 33309
  • Trustee Phone: (954) 644-8704
  • Trustee Reference Number: 19-10445
  • Deed Category: LP
  • Document Number: 201941120787

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 3
  • No. of Stories: 1
  • Air Conditioning: YES
  • Exterior Wall Type: CONCRETE BLOCK
  • Roof Material: BUILT UP
  • Year Built: 1989
  • APN: 50963.7515(8)
  • Property Type: Condominium
  • Township: BRADENTON
  • Living Sqft: 1,256
  • Subdivision: FAIRWAYS 02 AT THE

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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Homes On This Street
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Fairways Blvd Apt 203
Bradenton, FL 34209

2 Beds   2 Baths   1,256 sq. ft.

 

Status: Inactive Listing ID: 54737769

Property Information

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Public Records

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Property Description

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Listing URL

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