1 Bath   760 Sq. Ft.
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Quebec Rd
Island Park, NY 11558

Status: Inactive
Listing ID: 56108407

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Property Information

  • Bathrooms: 1
  • Living Area Size: 760
  • Lot Size: 0.06 acres
  • Year Built: 1930
  • Source ID: 21102467
  • Day(s) On Site: 472
  • Assessed Value: $48
  • Parcel Number: 43-045-00-0195
  • Plaintiff: MEDCOR HOLDING CORPORATION
  • Defendant Name: JOHANNA
  • Case Number: 21-601339
  • Recording Date: 02-04-2021
  • Document Book: K545
  • Document Page: 312
  • Trustee Name: LEVY AND LEVY
  • Trustee Address: 12 TULIP DR
  • Trustee City: GREAT NECK
  • Trustee State: NY
  • Trustee Zip: 11020
  • Trustee Phone: (516) 487-6655
  • Deed Category: LP
  • Document Number: 202100011728
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Public Records

  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: FRAME
  • Heating Fuel: OIL
  • Heating Type: CENTRAL
  • Land Area Sqft: 3,002
  • Year Built: 1930
  • APN: 43-045---0174-0
  • Property Type: Single Family Residence
  • Township: ISLAND PARK
  • Front Footage: 30
  • Depth Footage: 100
  • Living Sqft: 760
  • Style: BUNGALOW
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  •  

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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Quebec Rd
Island Park, NY 11558

1 Bath   760 sq. ft.

 

Status: Inactive Listing ID: 56108407

Property Information

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Public Records

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Property Description

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Listing URL

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