$190,740 EMV

2 Baths 1,356 Sq. Ft. Single-Family

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Georgia Ave,
Altamonte Springs, FL 32714

Name: Georgia Ave, Altamonte Springs, Florida 32714 | Foreclosure.com
SKU: 55455356
Price: 224400 USD

Overview

This Single-Family is located at Georgia Ave, Altamonte Springs, FL 32714. It has 2 Baths , 1,356 sqft of living space. This property is currently bank owned with an estimated market value of $190,740.
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Status: Inactive

Listing ID: 55455356

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Property Information

Bathrooms: 2
Living Area Size: 1,356
Year Built: 1960
Source ID: 10632529
Days On Site: 138
Subdivision: PARADISE POINT 3RD SEC
Parcel Number: 15212951008000170
Property Type: Single Family Dwelling
Owner Name: ALTO ASSET CO 2 LLC
Recording Date: 03-17-2020
Owner Mailing Address: 5001 PLAZA ON THE LK #200 AUSTIN TX 787461053
Document Book: 009559
Document Page: 000033
Document Number: 0095590033

Public Records

Baths: 2
Full Baths: 2
No. of Stories: 1
Basement Sqft: 220
Air Conditioning: PAGE
Pool: GUNITE
Exterior Wall Type: CONCRETE BLOCK
Floor Type: CONCRETE
Foundation Type: CONTINUOUS FOOTING
Roof Material: BUILT UP WOOD
Roof Type: SHED
Land Area Sqft: 7,714
Year Built: 1960
APN: 15-21-29-510-0800-0170
Property Type: Single Family Residence
Township: COUNTY NO CITIES
Living Sqft: 1,356
Subdivision: WEATHERSFIELD 1ST ADD

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

Property Classification

Classification Id: BANK/LENDER-OWNED PROPERTY
Classification Desc: This property is owned by a bank/lender and it could be under a redemption period. You may be able to purchase it for an incredibly low price, but you'll need come back to our website often to find out when the property goes on the market - you don't want to miss out on such a great deal!

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County Information

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Document Center

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Listing History

Start Date	End Date	Listing Type	Bank Name
09/09/08	11/23/08	As-is Deal

Learning Center

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale.

First Steps to Buying a Foreclosure

Steps as you search for your foreclosure property:

If foreclosure is complete, the property will be listed with a Realtor, in which case you can have an open line of communication about the property as well as the opportunity to inspect it.
Contact the listing broker and ask for an appointment to see it. Schedule a walk through. While in the area scout out the neighborhood to make certain the surrounding area suits your needs.
If foreclosure is not complete you may be able to get the information you need about the property either from the owner or the lender.
Consult with a professional real estate appraiser. Through their years of familiarity with the property and the neighborhood, appraisers and real estate professionals can supply background on property and neighborhoods. Get them to give you a ballpark estimate of the property value.
If the property needs repair work, have a recommended contractor give a detailed estimate of each job that must be done.
Decide on how much you are willing to pay for the property and stick with that price. Never get so caught up in a property that you do not make clear decisions. Successful bidding on foreclosed properties requires discipline and good information.
Sometimes foreclosures have title problems that have not been cleared up. Hire a closing attorney or title company to check the condition of the title to make certain there are no liens remaining after the foreclosure is complete. Have the title agent issue a title binder showing the conditions under which it will insure your interest in the title. Real estate tax liens and homeowner association liens have priority and need to be paid before clear title can be given.
Have the financing for the property in place before you enter into a firm contract with a good faith deposit, or have the contract be contingent on the financing you will need.

Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.

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