800 E 218th St
E 218th St Bronx New York 10467
This home is located at E 218th St in Bronx, New York, 10467. It may or may not be for sale at this time and/or in foreclosure. Be sure to search nearby homes located on the map above for even better real estate deals in the area - save as much as 50% or more off true market value. Find foreclosed for sale near E 218th St in Bronx, New York 10467 as well as houses for rent nearby for a fraction of the cost. Act fast before these once-in-a-lifetime opportunities disappear forever!
Classification Id: Notice of Default
Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.
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Often, the preforeclosure period is the best time to purchase a property.
Preforeclosure begins when a lender first notifies a borrower that his or her loan payments are behind. This notification also details the consequences that occur if payments, penalties and interest are not brought current.
In most cases, a foreclosure severely limits a borrowers future credit options. Therefore, 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 rather than to let it go into foreclosure.
If you're interested in the property, contact the borrower/owner as soon as possible. For your convenience, this contact information is located under the property's "Foreclosure Information" header.
Carefully explain that you can help him or her avoid foreclosure by purchasing their home before it is lost to the lender.
Your timely assistance can be very important. But, be sensitive to the difficulties they are facing and be prepared to close quickly.