3 Beds   2 Baths
Get the Preforeclosure Address

S Union St
Wilmington, DE 19805

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Overview

This is located at S Union St, Wilmington, DE 19805. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 2 Baths.
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Status: Inactive
Listing ID: 56739234

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 1918
  • Source ID: 21-005728
  • Day(s) On Site: 373
  • Subdivision: WILMINGTON
  • Plaintiff: WELLS FARGO BANK, NA
  • Case Number: N19L-05-071 VLM
  • Defendant Name: GLORIA J JACKSON AND AMERICAN INVESTMENTS LLC
  • Attorney Law Firm: ORLANS PC
  • Attorney Phone: (781) 790-7800
  • Deed Category: NFS
  •  

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 2
  • Exterior Wall Type: BRICK
  • Foundation Type: TYPE UNKNOWN
  • Heating Type: HOT WATER
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 1,742
  • Year Built: 1918
  • APN: 26-033.20-027
  • Property Type: Single Family Residence
  • Township: WILMINGTON CITY
  • Front Footage: 18
  • Depth Footage: 100
  • Style: ROW HOUSE
  • Subdivision: WILMINGTON
  •  

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: 11-09-2021
  • Auction Time: 10:00 AM
  • Auction Location: Council Chambers, Louis L. Redding County Building, 800 N. French St,. First Floor. Wilmington, DE 19801

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Wilmington, DE
Home Inspectors
Parke Home Inspection, Inc.
Philip E Parke Sr.
302-999-7275
HomePro Systems of Delaware Valley, Inc.
John Spoehr
610-328-5525
Reliable Home Inspection Service
Timothy Mogelesky
302-993-9100
Reliable Home Inspection Service
John Kerrigan
302-993-9100
Gregory Burns
302-993-9100
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S Union St
Wilmington, DE 19805

3 Beds   2 Baths

 

Status: Inactive Listing ID: 56739234

Property Information

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Public Records

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Property Description

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Listing URL

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