This Multi-Family is located at Franklin Pl, Great Neck, NY 11023. It has 2 Baths , 2,646 sqft of living space. This property is currently in auction with an estimated market value of $1,150,738.
Save money on this property now.
Estimated Opening Bid Sign in to view
Auction Date Sign in to view
Sign in to view how to get up-to-date auction information and real-time property status updates.
To participate in the event, please visit Auction.com for more information.Get Property Details Now!
|Start Date||End Date||Listing Type||Bank Name|
|11/07/18||05/14/19||Preforeclosure||WELLS FARGO BANK NA|
|03/21/18||04/10/18||Preforeclosure||WELLS FARGO BANK NA|
|12/09/13||08/06/14||Preforeclosure||WELLS FARGO BANK|
|12/09/13||08/06/14||Preforeclosure||WELLS FARGO BANK NA|
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.