3 Beds   2 Baths   1,866 Sq. Ft.   Single-Family

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Balboa Dr,
Temecula, CA 92591

Status: Inactive
Listing ID: 25829045

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,866
  • Lot Size: 3920
  • Levels: 1
  • Air Conditioning: Central
  • Year Built: 2005
  • Source ID: 5882166
  • Days On Site: 3525
  • Estimated Value: $243,091
  • Improvement Value: $160,000
  • Assessed Value: $230,000
  • Land Value: $70,000
  • Parcel Number: 916510017
  • Property Type: Single Family Dwelling
  • Defendant Name: GREEN KEVAN A
  • Recording Date: 07-15-2010
  • Last Sale Amount: $588,500
  • Last Sale Date: 01-07-2005
  • Trustee Name: RECONTRUST CO NA
  • Trustee Address: 1800 TAPO CANYON RD
  • Trustee City: SIMI VALLEY
  • Trustee State: CA
  • Trustee Zip: 93063
  • Trustee Phone: (800) 281-8219
  • Trustee Reference Number: 10-0077998
  • Deed Category: NOD
  • Mortgage Balance: $470,600
  • Document Number: 330931


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.

    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    Loan Information

  • Mortgage Balance: $470,600

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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.


Temecula, CA
Home Inspectors

Russco Home Inspection
Craig D Russell
BPG Inspections
Christopher J. Johnson
Superior Inspection Services
David B. Becker

Balboa Dr
Temecula, CA 92591

3 Beds   2 Baths   1,866 sq. ft.   Single-Family


Status: Inactive Listing ID: 25829045

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