$155,890 EMV

3 Beds   1 Bath   1,134 Sq. Ft.

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Cordell Rd
Schenectady, NY 12303

Status: Inactive
Listing ID: 56687922

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,134
  • Year Built: 1969
  • Source ID: 21267895
  • Days On Site: 43
  • Defendant Name: RICHARD C TRAVER
  • Case Number: 907455-17
  • Trustee Address: 590 MADISON AVE SUITE 1800
  • Trustee City: NEW YORK
  • Trustee State: NY
  • Trustee Zip: 10001
  • Trustee Phone: (212) 524-5000
  • Deed Category: NTS
  • Mortgage Balance: $188,725

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking Sqft: 432
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: WOOD
  • Heating Fuel: ELECTRIC
  • Heating Type: HOT AIR
  • Land Area Sqft: 21,780
  • Year Built: 1969
  • APN: 012689-016-001-0001-037-000-0000
  • Property Type: Single Family Residence
  • Township: COLONIE
  • Living Sqft: 1,134
  • Garage: ATTACHED
  • Sewer Type: PRIVATE
  • Water Type: COMMERCIAL


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.


Auction Information

  • Auction Date: 10-12-2021
  • Auction Time: 10:00 AM
  • Auction Address: 16 EAGLE STREET
  • Auction City: ALBANY
  • Auction Zip: 12207

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • Mortgage Balance: $188,725

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Schenectady, NY
Home Inspectors

Enos Home Inspections LLC
Keith Enos

Cordell Rd
Schenectady, NY 12303

3 Beds   1 Bath   1,134 sq. ft.

$155,890 EMV

Status: Inactive Listing ID: 56687922

Property Information

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Public Records

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Property Description

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