Single-Family

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Fordham Hill Oval
Bronx, NY 10468

Status: Inactive
Listing ID: 41770615

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Property Information

  • Source ID: 14099957
  • Estimated Value: $105,328
  • Property Type: Single Family Dwelling
  • Defendant Name: FORDHAM HILL OVAL
  • Plaintiff: HSBC BANK USA NATIONAL ASSOCIATION
  • Last Sale Amount: $77,500
  • Last Sale Date: 08-30-2010
  • Trustee Name: FEIN SUCH AND CRANE
  • Trustee Address: 1800 FIRST FEDERAL PLAZA
  • Trustee City: ROCHESTER
  • Trustee State: NY
  • Trustee Zip: 14614
  • Trustee Phone: (585) 232-7400
  • Deed Category: NTS
  • Mortgage Balance: $162,593

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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.

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: 12-02-2013
  • Auction Time: 01:00 PM
  • Auction Address: 851 GRAND CONCOURSE ROOM 600
  • Auction City: BRONX

    Loan Information

  • Mortgage Balance: $162,593

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Listing History

Start Date End Date Listing Type Bank Name
09/11/21   Foreclosure
08/27/20 06/19/21 Foreclosure
04/12/13 04/23/13 Auction
04/09/13 09/06/13 Foreclosure

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Fordham Hill Oval
Bronx, NY 10468

Single-Family

 

Status: Inactive Listing ID: 41770615

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/index.html?&listingid=41770615

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