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Eubanks Rd
Woodstock, GA 30188


This Single-Family Preforeclosure is located at Eubanks Rd, Woodstock, GA 30188. It has This property is currently in auction.
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Status: Inactive
Listing ID: 55962188

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Property Information

  • Living Area Size: 0
  • Lot Size: 1.08 acres
  • Source ID: 153109308
  • Day(s) On Site: 601
  • Parcel Number: 15N22 241 B
  • Property Type: Single Family Dwelling
  • Plaintiff: Jorge Rodrigues
  • Defendant Name: AYODELE A. OKPODU
  • Recording Date: 12-10-2020
  • Document Book: 14521
  • Document Page: 469
  • Trustee City: Atlanta
  • Trustee Address: 5775 Glenridge Drive, Building B, Suite 550
  • Trustee State: GA
  • Trustee Zip: 30328
  • Trustee Phone: (404) 255-7171
  • Trustee Reference Number: 10-1001-F
  • Deed Category: NTS

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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.


Auction Information

  • Auction Date: 01-05-2021
  • Auction Address: Cherokee County Courthouse

    Loan Information

  • 1st Mortgage Date: 08-18-2020

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Woodstock, GA
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Derrek Denard
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Jamie C King
Homes On This Street
View more homes on Eubanks Rd

Eubanks Rd
Woodstock, GA 30188



Status: Inactive Listing ID: 55962188

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