2 Baths   1,082 Sq. Ft.

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Lyon Dr,
Buffalo Grove, IL 60089

Status: Inactive
Listing ID: 55567766

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,082
  • Year Built: 1984
  • Source ID: 15-29-215-038
  • Days On Site: 122
  • Subdivision: VILLAS/BUFFALO CREEK 02
  • Plaintiff: BANK OF NEW YORK MELLON
  • Defendant Name: RUBY, RUTH C
  • Case Number: 19CH1146
  • Attorney Law Firm: Codilis & Associates
  • Deed Category: NFS
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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 220
  • Air Conditioning: CENTRAL
  • Land Area Sqft: 4,875
  • Year Built: 1984
  • APN: 15-29-215-038-0000
  • Property Type: Single Family Residence
  • Township: VERNON TOWNSHIP
  • Living Sqft: 1,082
  • Garage: ATTACHED
  • Subdivision: VILLAS/BUFFALO CREEK 02

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: 09-15-2020
  • Auction Time: 9:00 AM
  • Auction Location: Conference Room of the Lake County Sherriff's Office, 25 S. Martin Luther King Jr Ave, Waukegan, IL 60085

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

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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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Lyon Dr
Buffalo Grove, IL 60089

2 Baths   1,082 sq. ft.

 

Status: Inactive Listing ID: 55567766

Property Information

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Public Records

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Property Description

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Listing URL

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