3 Beds   1 Bath   1,241 Sq. Ft.   Single-Family

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Holly Hill Dr,
Decatur, GA 30032

Status: Inactive
Listing ID: 24934591

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,241
  • Source ID: 5662458
  • Days On Site: 3890
  • Estimated Value: $58,516
  • Improvement Value: $62,500
  • Assessed Value: $85,500
  • Land Value: $23,000
  • Parcel Number: 15-152 -07-022
  • Property Type: Single Family Dwelling
  • Defendant Name: RUBY SHUMAN
  • Plaintiff: MORTGAGE ELECTRONIC REGI STRATION SYSTEMS INC
  • Recording Book: 15800
  • Trustee Name: MCCURDY AND CANDLER LLC
  • Trustee Address: 250 E. PONCE DE LEON AVE SUITE 600
  • Trustee City: DECATUR
  • Trustee State: GA
  • Trustee Zip: 30030
  • Trustee Phone: (404) 373-1612
  • Trustee Reference Number: 10-11004 /CONV
  • Deed Category: NTS
  • Mortgage Balance: $120,000
  • Deed Book: 03644
  • Deed Page: 283
  •  

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.

Auction Information

  • Auction Date: 11-02-2010
  • Auction Address: COURTHOUSE DOOR IN DEKALB COUNTY

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 02-05-2004
  • Mortgage Balance: $120,000

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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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Decatur, GA
Home Inspectors

Comprehensive Home Inspections
Taylor Reed Owens
(770) 457-2787
Home Probe, Inc
Jose Gonzales
404-218-1040
Marion (Will) W Hodges
678-755-7456
Home Probe Inc
Nathaniel Bradley
404-218-1040
The Inspection Company of Georgia, Inc.
Michael W Collins-Smythe, ACI
404-655-8179
foreclosure.com

Holly Hill Dr
Decatur, GA 30032

3 Beds   1 Bath   1,241 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 24934591

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/index.html?&listingid=24934591

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