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Chestnut Hill Rd Sw
Marietta, GA 30064

Status: Inactive
Listing ID: 56821558

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Property Information

  • Source ID: 21310294
  • Day(s) On Site: 84
  • Plaintiff: PACES FUNDING LLC
  • Defendant Name: 803 LLC
  • Recording Book: 15764
  • Trustee Name: CAMPBELL AND BRANNON LLC
  • Trustee Address: 5565 GLENRIDGE CONNECTOR SUITE 350
  • Trustee City: ATLANTA
  • Trustee State: GA
  • Trustee Zip: 30342
  • Trustee Phone: (770) 392-0041
  • Deed Category: NTS
  •  

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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 Address: 12 E PARK SQUARE
  • Auction City: MARIETTA

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Listing History

Start Date End Date Listing Type Bank Name
11/15/21   As-is Deal
10/08/21 11/02/21 Preforeclosure Paces Funding, LLC

Marietta, GA
Home Inspectors
Cingo
Sidney Carter
(770) 436-2667
Residential Inspector of America
John F. Hart
770.476.4963
HomeShield Inspection Services, LLC
John Crary
404-990-3440
Accurate Inspections of Atlanta
Ivan Rodriguez
770-686-0309
Robert Herndon
678-923-5781
Homes On This Street
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Chestnut Hill Rd Sw
Marietta, GA 30064

 

Status: Inactive Listing ID: 56821558

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