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Franklin St Ph 1,
New York, NY 10013

Status: Inactive
Listing ID: 52575256

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Property Information

  • Source ID: 20261997
  • Day(s) On Site: 179
  • Parcel Number: 189-1401
  • Case Number: 18-152487
  • Plaintiff: THE BANK OF NEW YORK MELLON
  • Recording Date: 03-12-2019
  • Trustee Name: THOMAS P MALONE PLLC
  • Trustee Address: 60 EAST 42ND ST SUITE 553
  • Trustee City: NEW YORK
  • Trustee State: NY
  • Trustee Zip: 10165
  • Trustee Phone: (212) 867-0500
  • Deed Category: LP

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: Lis Pendens
  • Classification Desc: If a homeowner misses one or more mortgage payments in states that follow judicial foreclosure actions a lender will file this formal notice with the local courthouse. The term is also used to describe mortgage-related complaints, which allow third parties to know that there is a pending legal action that affects the property. Approaching a homeowner at this stage of default represents a tremendous opportunity to make money in the real estate market because he or she is motivated to sell before potentially losing the house to foreclosure. It is important to do your research to determine what type of litigation the lis pendens relates to before approaching a property owner. A lis pendens is also filed when there is some other legal claim being made against a particular property, such as lien claims by contractors, divorce cases, and fines and penalties assessed by homeowner associations.

    Loan Information

  • 1st Mortgage Date: 03-23-2018

    NEW Credit Information Center

  • Want to fix your credit before buying?: Learn how
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First Steps to Buying a Preforeclosure

Often, the preforeclosure period is the best time to purchase a property.

Read more

New York, NY
Home Inspectors

Precision Inspections LLC
Kenneth Carr
646-247-1867
NY Code Consulting Inc.
Robert Brander
201-343-1765
MTT Home Inspections
Michael Teofilo
646-235-4956
foreclosure.com

Franklin St Ph 1
New York, NY 10013

 

Status: Inactive Listing ID: 52575256

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Franklin-St-Ph-1-New-York-NY-10013/52575256_lid

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