4 Beds   2.5 Baths   2,497 Sq. Ft.   Single-Family

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W Sheffield Dr,
Bloomingdale, IL 60108

Status: Inactive
Listing ID: 30821412

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Living Area Size: 2,497
  • Year Built: 1990
  • Days On Site: 3310
  • lien_holder_1: HERITAGE AT STRATFORD HOA
  • Sale Type: FORECLOSURE
  • Parcel Number: 02 16 114 004 0000
  • Subdivision: HERITAGE AT STRATFORD PH 04
  • Property Type: Single Family Dwelling
  • Plaintiff: NATIONSTAR MORTGAGE
  • Owner First Name: ANTHONY
  • Owner Last Name: ARCURI
  • 2nd Owner First Name: DEANNE
  • 2nd Owner Last Name: ARCURI
  • Case Number: 11CH3898
  • Recording Date: 08-17-2011
  • Judgment Date: 09-01-2010
  • Judgment Value: $321,164
  • Input Date: 10-05-2011
  • Attorney Firm Address: 1 N DEARBORN ST STE 1300
  • Attorney Firm City: CHICAGO
  • Attorney Law Firm: PIERCE & ASSOCIATES
  • Attorney Firm Phone: (312) 476-5500
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60602
  • Deed Category: NOD
  • Document Number: R2007050763
  •  

Public Records

  • Bedrooms: 4
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 9
  • Basement Sqft: 1,385
  • Parking: ATTACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Land Area Sqft: 11,144
  • Year Built: 1990
  • APN: 02-16-114-004
  • Property Type: Single Family Residence
  • Living Sqft: 2,497
  • Garage: ATTACHED
  •  
  • Subdivision: HERITAGE AT STRATFORD PH 04

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.

    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

  • 1st Mortgage Date: 03-09-2007
  • 1st Mortgage Amount: $336,000
  • Mortgage Interest Rate: 638
  • Mortgage Term: 30
  • Mortgage Type: CONVENTIONAL

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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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W Sheffield Dr
Bloomingdale, IL 60108

4 Beds   2.5 Baths   2,497 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 30821412

Property Information

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Public Records

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Property Description

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Listing URL

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