$86,000


3 Beds   2 Baths   1,136 Sq. Ft.   Single-Family

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Lawnwood Ave,
Parma Heights, OH 44130

Potential Profit

$72,687

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Status: Active
Listing ID: 54793700

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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01/15/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $86,000. 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.
08/26/19
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

Property Information

Public Records

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.

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Listing History

Start Date End Date Listing Type Bank Name
09/23/19 12/17/19 Foreclosure
08/26/19 09/23/19 Preforeclosure BANK OF NEW YORK MELLON


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.

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Parma Heights, OH
Home Inspectors

Moss Home Inspection
David Moench
440-570-7806
foreclosure.com

Lawnwood Ave
Parma Heights, OH 44130

3 Beds   2 Baths   1,136 sq. ft.   Single-Family

$86,000

Status: Active Listing ID: 54793700

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=Lawnwood-Ave-Parma-Heights-OH-44130/mls-4160638/54793700_lid

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