2 Beds   1 Bath   1,500 Sq. Ft.   Single-Family

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Butner Rd
College Park, GA 30349

Status: Inactive
Listing ID: 56810866

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,500
  • Lot Size: 1.02 acres
  • Year Built: 1953
  • Source ID: 14343655
  • Day(s) On Site: 47
  • Parcel Number: 14F-0143-0002-015-9
  • Property Type: Single Family Dwelling
  • Recording Date: 10-20-2021
  • Plaintiff: Equity Trust Company Custodian Fbo Ross Lloyd Ira
  • Defendant Name: Faruq Hunter, as Trustee of Genuis Co. Butner Trust UTD 10/13/13
  • Document Book: 53463
  • Document Page: 606
  • Trustee Name: TALLEY & ASSOCIATES, P.C.
  • Trustee Address: 1892 Highway 138 Se
  • Trustee City: Conyers
  • Trustee State: GA
  • Trustee Zip: 30013
  • Trustee Phone: (770) 483-1431
  • Trustee Reference Number: 555244-01
  • Deed Category: NTS

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Land Area Sqft: 44,479
  • Year Built: 1953
  • APN: 14F-0143-0002-015
  • Property Type: Single Family Residence
  • Living Sqft: 1,500
  • Township: UNINCORPORATED S FULTON/CID
  • Garage: CARPORT
  • Style: TRADITIONAL
  • Sewer Type: SEPTIC
  • Water Type: PUBLIC

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: 11-02-2021
  • Auction Address: 136 Pryor St Sw
  • Auction City: Atlanta

    Loan Information

  • 1st Mortgage Date: 12-23-2013

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Listing History

Start Date End Date Listing Type Bank Name
08/09/21 09/07/21 Preforeclosure Equity Trust Company Custod...

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Butner Rd
College Park, GA 30349

2 Beds   1 Bath   1,500 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56810866

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=Butner-Rd-College-Park-GA-30349/56810866_lid

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