1.5 Baths   1,400 Sq. Ft.

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S Laflin St
Chicago, IL 60636

Status: Inactive
Listing ID: 56119707

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Property Information

  • Bathrooms: 1.5
  • Living Area Size: 1,400
  • Year Built: 2004
  • Source ID: 21106835
  • Days On Site: 284
  • Subdivision: SHONT'S
  • Parcel Number: 20-17-326-032
  • Defendant Name: NICHOLE HILL
  • Plaintiff: WILMINGTON SAVINGS FUND SOCIETY FSB INC
  • Case Number: 20-CH-04480
  • Recording Date: 07-22-2020
  • Trustee Name: HEAVNER BEYERS AND MIHLAR LLC
  • Trustee Address: P O BOX 740
  • Trustee City: DECATUR
  • Trustee State: IL
  • Trustee Zip: 62525
  • Trustee Phone: (217) 422-1719
  • Deed Category: NOD
  • Document Number: 2020421349
  •  

Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: 2
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,126
  • Year Built: 2004
  • APN: 20-17-326-032-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,400
  • Basement Finish Type: UNFINISHED
  • Style: MULTI-LEVEL
  • Subdivision: SHONT'S
  •  

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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    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

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Listing History

Start Date End Date Listing Type Bank Name
08/24/21   Foreclosure
02/21/13 12/18/13 Preforeclosure PNC BANK
07/02/10 07/02/11 Bankruptcy

Chicago, IL
Home Inspectors

Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Brad Haugen Home Inspections, Inc.
Bradley C. Haugen ACI
773-407-2094
Chicagoland Home Inspectors Inc
Charles Bellefontaine
312-759-7045
JRW Property Inspection and Consulting LLC
Jerry Woznyj
773-851-9627
foreclosure.com

S Laflin St
Chicago, IL 60636

1.5 Baths   1,400 sq. ft.

 

Status: Inactive Listing ID: 56119707

Property Information

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Public Records

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Property Description

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Listing URL

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