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Northfield Ave Ste 1,
West Orange, NJ 07052

Status: Inactive
Listing ID: 50065453

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Property Information

  • Day(s) On Site: 584
  • Plaintiff: Valley National Bank
  • 2nd Plaintiff: City Natl Bank of NJ
  • Owner Name: Marie C. Sangosse, MD, PA
  • 2nd Owner Name: Marie C. Sangosse and Louis V. Sangosse
  • Recording Date: 08-18-2017
  • Deed Category: NOD
  • Attorney Name: Schenck Price Smith and King
  • Docket Number: F-19166-17
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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: 2003
  • 1st Mortgage Amount: $94,000
  • 2nd Mortage Date: 2009
  • 2nd Mortage Amount: $75,000

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Preforeclosures

Often, the preforeclosure period is the best time to purchase a property.

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Northfield Ave Ste 1
West Orange, NJ 07052

 

Status: Inactive Listing ID: 50065453

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