3 Beds   1 Bath   2,286 Sq. Ft.

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Mcpherson Ave Se,
Atlanta, GA 30316

Status: Inactive
Listing ID: 31515746

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 2,286
  • Year Built: 1928
  • Days On Site: 3153
  • Plaintiff: BANK OF AMERICA
  • Defendant Name: VIRLYN C WOODARD
  • Deed Category: NTS

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 2
  • Fireplaces: YES
  • Exterior Wall Type: FRAME/WOOD
  • Foundation Type: BLOCK
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 7,500
  • Year Built: 1928
  • APN: 15-177-01-067
  • Property Type: Single Family Residence
  • Township: ATLANTA
  • Front Footage: 50
  • Depth Footage: 150
  • Living Sqft: 2,286
  • Sewer Type: PUBLIC
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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: 12-06-2011
  • Auction Location: BEFORE THE COURTHOUSE DOOR OF 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: 09-10-2003
  • 1st Mortgage Amount: $105,000

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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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Atlanta, GA
Home Inspectors

Peachtree Property Inspections
Bobby Beers
404-355-9338
Scott Home Services, Inc.
Douglas Scott
770-394-8952
Chillers
Reginald L Childs
Terry Anderson
470-385-8190
Georgia Home Inspection Corp
Robert J. Golden, PE
770-458-5794
foreclosure.com

Mcpherson Ave Se
Atlanta, GA 30316

3 Beds   1 Bath   2,286 sq. ft.

 

Status: Inactive Listing ID: 31515746

Property Information

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Public Records

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Property Description

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Listing URL

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