2 Beds   1 Bath   1,195 Sq. Ft.

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Drexel Dr,
Toledo, OH 43612

Status: Inactive
Listing ID: 52060401

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,195
  • Year Built: 1923
  • Days On Site: 712
  • Subdivision: EXTN OF DIXON PLACE
  • Appraised Value: $46,000
  • Parcel Number: 04-10201
  • Case Number: CI201804003
  • Deposit: $5,000

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 950
  • Parking: DETACHED GARAGE
  • Parking Sqft: 480
  • Air Conditioning: YES
  • Heating Type: CENTRAL
  • Land Area Sqft: 5,200
  • Year Built: 1923
  • APN: 04-10201
  • Property Type: Single Family Residence
  • Front Footage: 40
  • Depth Footage: 131
  • Living Sqft: 1,195
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: CONVENTIONAL
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: EXTN OF DIXON PLACE
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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

  • Minimum Bid: $30,667
  • Auction Date: 03-27-2019
  • Auction Time: 10:00 AM
  • Auction Location: Lucas County Court House, 700 Adams Street, Sheriff’s Civil Branch, Toledo, OH 43604

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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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Toledo, OH
Home Inspectors

Catawba Island Home Inspections
Walter Grabowski
419-324-9718
Homespec LLC Inc
Timothy Hoffman
419-297-0999
Janni's HOMTEC
Janni Juhasz
419-269-4663
Erie Inspection Service, Inc.
Jordan Radloff
678-209-6564
foreclosure.com

Drexel Dr
Toledo, OH 43612

2 Beds   1 Bath   1,195 sq. ft.

 

Status: Inactive Listing ID: 52060401

Property Information

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Public Records

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Property Description

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Listing URL

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