2 Beds   3 Baths   1,426 Sq. Ft.   Townhome

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Cobb Island Ct
Chesapeake, VA 23322

Status: Inactive
Listing ID: 56671973

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Property Information

  • Bedrooms: 2
  • Bathrooms: 3
  • Living Area Size: 1,426
  • Lot Size: 0.04 acres
  • Year Built: 1993
  • Source ID: 12446383
  • Subdivision: CEDAR LAKES TWNHSES
  • Parcel Number: 0595001000070
  • Property Type: Townhouse
  • Recording Date: 08-31-2021
  • Trustee Name: BWW LAW GROUP LLC
  • Trustee Phone: (804) 282-0463
  • Trustee Reference Number: VA-353003-1
  • Deed Category: NTS

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Public Records

  • Bedrooms: 2
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 2
  • Air Conditioning: YES
  • Fireplaces: YES
  • Construction Type: FRAME
  • Exterior Wall Type: FRAME
  • Foundation Type: SLAB
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 1,892
  • Year Built: 1993
  • APN: 0595001000070
  • Property Type: Single Family Residence
  • Front Footage: 20
  • Living Sqft: 1,426
  • Subdivision: CEDAR LAKES TWNHSES
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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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Auction Information

  • Auction Date: 11-02-2021
  • Auction Time: 1:45 PM
  • Auction Address: County Courthouse

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Listing History

Start Date End Date Listing Type Bank Name
10/01/21 10/26/21 As-is Deal
08/30/21 11/02/21 Preforeclosure

Chesapeake, VA
Home Inspectors

A Premier Home Inspection, LLC
Clayton Somers
757-797-4240
foreclosure.com

Cobb Island Ct
Chesapeake, VA 23322

2 Beds   3 Baths   1,426 sq. ft.   Townhome

 

Status: Inactive Listing ID: 56671973

Property Information

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Public Records

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Property Description

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Listing URL

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