Single-Family
Get the Preforeclosure Address

Lehman Ave
Joliet, IL 60433

Overview

This Single-Family Preforeclosure is located at Lehman Ave, Joliet, IL 60433. This property is currently in auction.
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Status: Inactive
Listing ID: 57566286

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Property Information

  • Day(s) On Site: 167
  • Subdivision: GOODSPEEDS
  • Property Type: Single Family Dwelling
  • Case Number: 19 CH 1085-0
  • Defendant Name: Earnest Anderson Jr.; et. al.
  • Deed Category: NFS
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Potential Home Value

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Public Records

  • APN: 30-07-15-411-021-0000
  • Property Type: Single Family Residence
  • Township: JOLIET TWP
  • Subdivision: GOODSPEEDS

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: 05-12-2022
  • Auction Time: 12 Noon
  • Auction Location: Courtroom 201, Will County Court Annex, 57 N Ottawa St, Joliet, IL 60432

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Joliet, IL
Home Inspectors
Homelife Inspections Inc
Ronald R. Lang
815-744-6778
Homes On This Street
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foreclosure.com

Lehman Ave
Joliet, IL 60433

Single-Family

 

Status: Inactive Listing ID: 57566286

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=57566286

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