2 Beds   1.5 Baths   991 Sq. Ft.   Condo

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Billman St,
San Diego, CA 92115

Status: Inactive
Listing ID: 53450596

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Living Area Size: 991
  • Lot Size: 0.00 acres
  • Year Built: 1958
  • Source ID: 204744440
  • Day(s) On Site: 79
  • Subdivision: COLLEGE PLAZA
  • Parcel Number: 4735730705
  • Property Type: Condo
  • Plaintiff: Washington Mutual Bank
  • Defendant Name: Margaret R Oneill
  • Recording Date: 03-15-2011
  • Trustee City: Chatsworth
  • Trustee Name: California Reconveyance Company
  • Trustee State: CA
  • Trustee Zip: 91311
  • Trustee Phone: (714) 259-7850
  • Trustee Reference Number: 747666CA
  • Deed Category: NOD
  • Document Number: 20110136234

Public Records

  • Bedrooms: 2
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Parking: GARAGE/CARPORT
  • Land Area Sqft: 28,314
  • APN: 473-573-07-06
  • Property Type: Condominium
  • Living Sqft: 900
  • Garage: YES
  • Parking Spaces: 1
  • Subdivision: COLLEGE PLAZA

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.

    Property Classification

  • 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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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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San Diego, CA
Home Inspectors

Lorber Engineers
Nicholas Lorber
619-917-8077
Master Specs LLC/Building Specs Pro's
John W. Bowley
888-803-0731
3B Property Inspections LLC
Steven Brenner
844-607-6313
Accredited Inspection
Andy French
619-985-3902
BPG
Brian Chatfield
800-285-3001
foreclosure.com

Billman St
San Diego, CA 92115

2 Beds   1.5 Baths   991 sq. ft.   Condo

 

Status: Inactive Listing ID: 53450596

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Billman-St-San-Diego-CA-92115/53450596_lid

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