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Lynwood, IL 60411

Condo

 

Status: Inactive

Listing ID: 22877440

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Property Information

  • Days On Site: 3970
  • Sale Type: FORECLOSURE
  • lien_holder_1: LYNWOOD TERRACE CONDOMINIUM ASSN 21739689
  • Subdivision: LYNWOOD TERRACE 01
  • Property Type: Condo
  • Plaintiff: DEUTSCHE BANK NATL TRUST CO
  • Owner First Name: NADINE L
  • Owner Last Name: SMITH
  • Case Number: 10CH0019699
  • Recording Date: 05-06-2010
  • Judgment Date: 04-01-2009
  • Judgment Value: $77,265
  • Input Date: 06-03-2010
  • Attorney Firm Address: 4201 LAKE COOK RD FL 1
  • Attorney Firm City: NORTHBROOK
  • Attorney Law Firm: FISHER & SHAPIRO LLC
  • Attorney Firm Phone: (847) 291-1717
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60062-1060
  • Deed Category: NOD
  • Document Number: 0702906117
  •  

Public Records

  • APN: 33-07-316-007-1029
  • Property Type: Condominium
  • Subdivision: LYNWOOD TERRACE 01
  •  

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: 01-12-2007
  • 1st Mortgage Amount: $78,300
  • Mortgage Interest Rate: 9
  • Mortgage Term: 30
  • Mortgage Type: ARM

Listing History

Start Date End Date Listing Type Bank Name
05/04/19   Tax Lien
05/06/10 03/02/11 Preforeclosure Deutsche Bank Natl Trust Co

FIRST STEPS:

Preforeclosures

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

Read more

Preforeclosure begins when a lender first notifies a borrower that his or her loan payments are behind. This notification also details the consequences that occur if payments, penalties and interest are not brought current.

In most cases, a foreclosure severely limits a borrowers future credit options. Therefore, 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 rather than to let it go into foreclosure.

If you're interested in the property, contact the borrower/owner as soon as possible. For your convenience, this contact information is located under the property's "Foreclosure Information" header.

Carefully explain that you can help him or her avoid foreclosure by purchasing their home before it is lost to the lender.

Your timely assistance can be very important. But, be sensitive to the difficulties they are facing and be prepared to close quickly.

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foreclosure.com

Willow Dr # 29
Lynwood, IL 60411

Condo

 

Status: Inactive Listing ID: 22877440

Property Information

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Public Records

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Property Description

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Listing URL

https://www.auctions.com/listing/index.html?&listingid=22877440