5 Beds   4 Baths   3,118 Sq. Ft.   Multi-Family
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W Lake Blvd
Mahopac, NY 10541

Status: Inactive
Listing ID: 57259656

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Property Information

  • Bedrooms: 5
  • Bathrooms: 4
  • Living Area Size: 3,118
  • Lot Size: 0.47 acres
  • Year Built: 1940
  • Source ID: 21368905
  • Day(s) On Site: 141
  • Assessed Value: $394,300
  • Property Type: Multi Family Dwelling
  • Plaintiff: CAPITAL ONE BANK
  • Defendant Name: FRANCO A DAMIANO
  • Case Number: 2021-800028
  • Judgment Date: 09-28-2021
  • Trustee Name: WOODS OVIATT GILMAN LLP
  • Trustee Address: 500 BAUSCH AND LOMB PLACE
  • Trustee City: ROCHESTER
  • Trustee State: NY
  • Trustee Zip: 14604
  • Trustee Phone: (855) 227-5072
  • Deed Category: NFS
  • Mortgage Balance: $1,631,355
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Public Records

  • Bedrooms: 5
  • Baths: 4
  • Full Baths: 4
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Parking Sqft: 440
  • Fireplaces: YES
  • Exterior Wall Type: STONE
  • Heating Fuel: ELECTRIC
  • Heating Type: HOT WATER STEAM
  • Land Area Sqft: 20,562
  • Year Built: 1940
  • APN: 372000-075-007-0003-007-000-0000
  • Property Type: Apartment
  • Township: CARMEL TOWN
  • Front Footage: 149
  • Depth Footage: 138
  • Living Sqft: 2,338
  • Garage: DETACHED
  • Style: OLD
  • Sewer Type: PRIVATE
  • Water Type: PRIVATE
  •  

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.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 02-01-2022
  • Auction Time: 10:30 AM
  • Auction Address: 44 GLENEIDA AVENUE
  • Auction City: CARMEL

    Loan Information

  • Mortgage Balance: $1,631,355

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Mahopac, NY
Home Inspectors
Eagle Eye Home Inspection
Lance Kotash
845-520-6461
Homes On This Street
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W Lake Blvd
Mahopac, NY 10541

5 Beds   4 Baths   3,118 sq. ft.   Multi-Family

Active 

Status: Inactive Listing ID: 57259656

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=W-Lake-Blvd-Mahopac-NY-10541/57259656_lid

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