2 Beds   3 Baths   Condo

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River Mill Pkwy,
Wheeling, IL 60090

Status: Inactive
Listing ID: 49171272

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Property Information

  • Bedrooms: 2
  • Bathrooms: 3
  • Days On Site: 1442
  • Sale Type: FORECLOSURE
  • lien_holder_1: RIVER MILL XING CONDO ASSN
  • lien_holder_2: UNIVERSAL RESTORATION SERVICES 1527849106 2650
  • lien_holder_3: STATE OF ILLINOIS 1411231444 37586
  • Subdivision: RIVER MILL XING CONDO
  • Parcel Number: 03 12 300 198 1052
  • Property Type: Condo
  • Plaintiff: NATIONSTAR MORTGAGE
  • Owner First Name: JURGITA
  • Owner Last Name: SRIUBENAITE
  • 2nd Owner First Name: ANDRUIS
  • 2nd Owner Last Name: PAULAUSKAS
  • Case Number: 16CH0016023
  • Recording Date: 12-12-2016
  • Judgment Date: 07-01-2016
  • Judgment Value: $227,900
  • Input Date: 12-15-2016
  • Attorney Firm Address: 2121 WAUKEGAN RD STE 301
  • Attorney Firm City: BANNOCKBURN
  • Attorney Firm Phone: (847) 291-1717
  • Attorney Law Firm: SHAPIRO KREISMAN & ASSOCIATES LLC
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60015
  • Deed Category: NOD
  • Document Number: 0805717052

Public Records

  • Bedrooms: 2
  • Baths: 3
  • Full Baths: 2
  • Half Baths: 2
  • Rooms: 6
  • Parking: ATTACHED - 2 CAR GARAGE
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Type: FORCED AIR GAS
  • APN: 03-12-300-198-1052
  • Property Type: Condominium
  • Garage: ATTACHED - 2 CAR
  • Subdivision: RIVER MILL XING CONDO
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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.

    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: 02-05-2008
  • 1st Mortgage Amount: $264,000
  • Mortgage Interest Rate: 550
  • 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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Wheeling, IL
Home Inspectors

Rytin Home Inspections Inc.
Steve J. Kroeckel
847-229-9816
Mid-Suburban Home Inspection, Inc.
Michael S. Olszewski
847-271-1167
foreclosure.com

River Mill Pkwy
Wheeling, IL 60090

2 Beds   3 Baths   Condo

 

Status: Inactive Listing ID: 49171272

Property Information

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Public Records

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Property Description

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Listing URL

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