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Pinecrest Dr
Rantoul, IL 61866

Status: Inactive
Listing ID: 56247212

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.00 acres
  • Source ID: 43381431
  • Day(s) On Site: 254
  • Subdivision: ROLLING ACRES ADD 02
  • Parcel Number: 140335255025
  • Property Type: Single Family Dwelling
  • Plaintiff: Pnc Bank
  • Defendant Name: CARRIE JONES ET AL
  • Case Number: 2019 CH 000178
  • Recording Date: 03-16-2021
  • Trustee Address: 15 W030 N Frontage Rd Suite 100
  • Trustee City: Burr Ridge
  • Trustee State: IL
  • Trustee Zip: 60527
  • Trustee Phone: (630) 794-9876
  • Deed Category: NFS

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Public Records

  • Land Area Sqft: 8,124
  • APN: 14-03-35-255-025
  • Property Type: Single Family Residence
  • Township: LUDLOW
  • Subdivision: ROLLING ACRES ADD 02


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: 04-23-2021
  • Auction Time: 9:00 AM
  • Auction Address: Champaign County Courthouse 101 E Main St
  • Auction City: Urbana

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Pinecrest Dr
Rantoul, IL 61866



Status: Inactive Listing ID: 56247212

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