5 Beds   4 Baths   3,565 Sq. Ft.   Single-Family
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Danberg Way
Elk Grove, CA 95757

Overview

This Single-Family Preforeclosure is located at Danberg Way, Elk Grove, CA 95757. It has 5 Beds, 4 Baths , 3,565 sqft of living space. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 56888884

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Property Information

  • Bedrooms: 5
  • Bathrooms: 4
  • Living Area Size: 3,565
  • Lot Size: 0.17 acres
  • Year Built: 2004
  • Source ID: 3651320
  • Day(s) On Site: 278
  • Subdivision: BACKER RANCH 06
  • Parcel Number: 132-1330-070-0000
  • Property Type: Single Family Dwelling
  • Plaintiff: Royal Pacific Funding Corp
  • Defendant Name: DAO, THU
  • Recording Date: 11-03-2021
  • Trustee Name: ZBS LAW, LLP
  • Trustee Address: 30 Corporate Park
  • Trustee City: Irvine
  • Trustee State: CA
  • Trustee Zip: 92606
  • Trustee Phone: (714) 848-7920
  • Trustee Reference Number: 21002194-1 CA
  • Deed Category: NOD
  • Document Number: 202111030664
  •  

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Public Records

  • Bedrooms: 5
  • Baths: 4.5
  • Full Baths: 4
  • Half Baths: 1
  • Rooms: 10
  • No. of Stories: 2
  • Parking Sqft: 800
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: WOOD
  • Floor Type: CONCRETE
  • Heating Type: CENTRAL
  • Roof Material: CONCRETE TILE
  • Land Area Sqft: 7,475
  • Year Built: 2004
  • APN: 132-1330-070-0
  • Property Type: Single Family Residence
  • Living Sqft: 3,565
  • Garage: YES
  • Style: RECTANGULAR DESIGN
  • Subdivision: BACKER RANCH 06
  •  

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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    Loan Information

  • 1st Mortgage Date: 09-07-2016

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Danberg Way
Elk Grove, CA 95757

5 Beds   4 Baths   3,565 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56888884

Property Information

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Public Records

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Property Description

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Listing URL

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