2 Beds   2 Baths   1,125 Sq. Ft.   Single-Family
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Coco Ridge Cir
Sarasota, FL 34233

Status: Inactive
Listing ID: 56823174

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,125
  • Lot Size: 0.27 acres
  • Year Built: 1966
  • Source ID: 140098659
  • Day(s) On Site: 246
  • Subdivision: SOUTH GATE RIDGE 03
  • Parcel Number: 0071-04-0059
  • Property Type: Single Family Dwelling
  • Plaintiff: Bank Of New York Mellon
  • Defendant Name: EDWARD RUTHERFORD
  • Case Number: 2019CA000776
  • Recording Date: 03-11-2020
  • Judgment Date: 03-11-2020
  • Trustee Name: KELLEY KRONENBERG
  • Trustee Address: 10360 W State Road 84
  • Trustee City: Davie
  • Trustee State: FL
  • Trustee Zip: 33324
  • Trustee Phone: (954) 370-9970
  • Trustee Reference Number: 0071040059
  • Deed Category: NFS
  • Mortgage Balance: $236,700
  • Document Number: 2020035126
  •  

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Parking: ATTACHED FINISHED GARAGE
  • Parking Sqft: 312
  • Air Conditioning: YES
  • Construction Type: MASONRY
  • Exterior Wall Type: CONCRETE BLOCK
  • Foundation Type: SLAB
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 11,767
  • Year Built: 1966
  • APN: 0071-04-0059
  • Property Type: Single Family Residence
  • Living Sqft: 1,125
  • Garage: ATTACHED FINISHED
  • Subdivision: SOUTH GATE RIDGE 03

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: 11-01-2021
  • Auction Time: 9:00 AM
  • Auction Address: Www.sarasota.realforeclose.com

    Loan Information

  • 1st Mortgage Date: 07-15-2005
  • Mortgage Balance: $236,700

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Sarasota, FL
Home Inspectors
Home Inspections Plus, LLC
James J VanSuch
941-926-5026
Jigsaw Home Inspections, Inc.
Kurt L Arbogast
941-807-4456
Fine Home Inspections, Inc.
Jamie Milholland
941-362-4862
Insight Inspections
Steven Rosenbaum
941-224-9030
G. Stephens and Associates, Inc.
Glenn Stephens
941-914-1204
Homes On This Street
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Coco Ridge Cir
Sarasota, FL 34233

2 Beds   2 Baths   1,125 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56823174

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=56823174

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