3 Beds   1 Bath   1,208 Sq. Ft.

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Brakeman Rd,
Painesville, OH 44077

Status: Inactive
Listing ID: 54451794

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,208
  • Year Built: 1993
  • Day(s) On Site: 73
  • Appraised Value: $90,000
  • Parcel Number: 07-A-007-0-00-054-0
  • Defendant Name: Richards, Allecia A.
  • Plaintiff: U.S. Bank National Association **2nd Sale Date 01/21/2020**
  • Case Number: 19CF000659
  • Deed Category: NFS
  • Mortgage Balance: $137,630
  •  

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Parking: MASONRY/BRICK GARAGE
  • Parking Sqft: 529
  • Exterior Wall Type: BRICK
  • Foundation Type: CONTINUOUS WALL
  • Heating Fuel: OIL
  • Heating Type: UNIT
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 195,584
  • Effective Year Built: 1993
  • Year Built: 1952
  • APN: 07-A-007-0-00-054-0
  • Property Type: Single Family Residence
  • Living Sqft: 1,208
  • Basement Finish Type: FULL
  • Garage: MASONRY/BRICK
  • Style: BUNGALOW
  • Sewer Type: SEPTIC
  • Water Type: WELL

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.

Auction Information

  • Auction Date: 12-30-2019
  • Auction Time: 10:00 AM
  • Auction Location: Main floor of the Lake County Court House, 25 North Park Place, Painesville, OH 44077

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • Mortgage Balance: $137,630

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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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Brakeman Rd
Painesville, OH 44077

3 Beds   1 Bath   1,208 sq. ft.

 

Status: Inactive Listing ID: 54451794

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=Brakeman-Rd-Painesville-OH-44077/54451794_lid

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