$32,000


2,784 Sq. Ft.   Multi-Family

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Lincoln Ave,
Cincinnati, OH 45206

Potential Profit

$274,361

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Status: Active
Listing ID: 55682117

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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09/11/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $32,000. 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.
09/01/20
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
09/01/20 09/23/20 Preforeclosure


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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Cincinnati, OH
Home Inspectors

HomePride Metro
Rich Dalgewicz
513-752-8515
Protection Home Inspection LLC
Forrest A. Sutherland
513-752-1110
Schuerman Inspections, LLC
Daniel Schuerman
513-347-7011
Building Inspections, LLC
Michael Hesterberg
15134047997
Oracle Home Inspections
David A Rhodes
513-818-2426
foreclosure.com

Lincoln Ave
Cincinnati, OH 45206

2,784 sq. ft.   Multi-Family

$32,000

Status: Active Listing ID: 55682117

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=Lincoln-Ave-Cincinnati-OH-45206/55682117_lid

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