3.5 Baths   3,221 Sq. Ft.
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Bayview Ave
Great Neck, NY 11021

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Overview

This Preforeclosure is located at Bayview Ave, Great Neck, NY 11021. It has 3.5 Baths , 3,221 sqft of living space. This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 59098534
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Learn about Bayview Ave in Great Neck, NY

This property is available as a preforeclosure at Bayview Ave. It has bedrooms, 3.5 bathrooms, and 3,221 square feet of living space. Based on our analysis of the current market conditions in Great Neck for Bayview Ave and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Bayview Ave are updated daily along with others in Great Neck, New York. Since this property is a preforeclosure, check out our Foreclosure Timeline for Bayview Ave below to see helpful information about this listing.


Foreclosure Timeline

Bayview Ave in Great Neck New York Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Bayview Ave
View Foreclosure Status
08/04/10
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Preforeclosure

The property located at Bayview Ave in Great Neck, NY is listed as a Preforeclosure

The process of preforelcosure with properties like Bayview Ave in Great Neck, New York begin 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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Bayview Ave
Great Neck, NY 11021

3.5 Baths   3,221 sq. ft.

 

Status: Active Listing ID: 59098534

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Property Description

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