1 Bed   1 Bath   1,243 Sq. Ft.   Single-Family
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Belmar Dr
Louisville, KY 40213

Status: Inactive
Listing ID: 56688336

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Property Information

  • Bedrooms: 1
  • Bathrooms: 1
  • Living Area Size: 1,243
  • Lot Size: 0.17 acres
  • Year Built: 1925
  • Source ID: 34359992
  • Day(s) On Site: 139
  • Subdivision: DRUID HILLS
  • Parcel Number: 085B00531251
  • Property Type: Single Family Dwelling
  • Plaintiff: New Penn Financial, LLC D/B/A Shellpoint Mortgage Servicing
  • Defendant Name: WATHEN DONNA J
  • Case Number: 17CI400159
  • Recording Date: 09-07-2021
  • Trustee Name: Chris Wiley
  • Deed Category: NFS
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Public Records

  • Land Area Sqft: 7,405
  • APN: 085B00531251
  • Property Type: Single Family Residence
  • Front Footage: 50
  • Depth Footage: 150
  • Subdivision: DRUID HILLS

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: 10-26-2021
  • Auction Time: 9:30 AM
  • Auction Address: 401 East Main Street
  • Auction City: Louisville

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Louisville, KY
Home Inspectors
Greg Jones Home Inspections & Associates, LLC
Greg Jones
502-429-9379
ProChek Home Inspections, LLC
Darryl Willoughby
502-802-6336
Elite Home Inspections, LLC
Allan K. Davis
502-648-9294
Home Inspections Inc.
Kenneth Osborne
502-551-8390
Homes On This Street
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Belmar Dr
Louisville, KY 40213

1 Bed   1 Bath   1,243 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56688336

Property Information

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Public Records

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Property Description

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Listing URL

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