1.5 Baths   1,728 Sq. Ft.   Single-Family

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N Main St,
Glen Ellyn, IL 60137

Status: Inactive
Listing ID: 7260774

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Property Information

  • Bathrooms: 1.5
  • Living Area Size: 1,728
  • Year Built: 1923
  • Property Description: SINGLE FAMILY RESIDENCE
  • Comments: LOT 4 IN BLOCK 7 IN J W TURNERS ADD TO GLEN ELLYN A SUB OF SECTION 14
  • Days On Site: 4925
  • Sale Type: FORECLOSURE
  • lien_holder_1: AURORA EARTHMOVER CU R1991061950 15900
  • lien_holder_2: LIBERTY DRIVE REALTY CORP R1991159265 5000
  • lien_holder_3: CAPITAL ONE BANK R2007059686 3662
  • Subdivision: TURNERS J W ADD
  • Property Type: Single Family Dwelling
  • Plaintiff: US BANK NA
  • Owner First Name: DENNIS
  • Owner Last Name: SMITH
  • 2nd Owner First Name: PAMELA
  • 2nd Owner Last Name: SMITH
  • Case Number: 07CH1811
  • Recording Date: 07-20-2007
  • Judgment Date: 03-01-2007
  • Judgment Value: $74,458
  • Input Date: 08-02-2007
  • Attorney Firm Address: 4201 LAKE COOK RD 1ST FLR
  • Attorney Firm City: NORTHBROOK
  • Attorney Law Firm: FISHER & SHAPIRO LLC
  • Attorney Firm Phone: (847) 498-9990
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60062
  • Deed Category: NOD
  • Document Number: R1987049419

Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: DETACHED GARAGE
  • Parking Sqft: 440
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 7,196
  • Year Built: 1923
  • APN: 05-14-127-015
  • Property Type: Single Family Residence
  • Front Footage: 50
  • Depth Footage: 150
  • Living Sqft: 1,728
  • Garage: DETACHED
  • Subdivision: TURNERS J W ADD

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: 04-06-1987
  • 1st Mortgage Amount: $123,900
  • 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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Glen Ellyn, IL
Home Inspectors

Quality Building Inspections, Inc
David Yost
630-347-6400
foreclosure.com

N Main St
Glen Ellyn, IL 60137

1.5 Baths   1,728 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 7260774

Property Information

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Public Records

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Property Description

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Listing URL

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