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Franklin, NJ 08873

 

Status: Inactive

Listing ID: 52882684

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Property Information

  • Days On Site: 312
  • Plaintiff: Avram Anastasi
  • 2nd Plaintiff: Grand Bank
  • Recording Date: 08-26-2019
  • Owner Name: Arkadia LLC d/b/a Arcadia LLC
  • Attorney Name: Falk and Flotteron
  • Deed Category: NOD
  • Docket Number: F-14456-19
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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: 2008
  • 1st Mortgage Amount: $30,000
  • 2nd Mortage Date: 2016

FIRST STEPS:

Preforeclosures

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

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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

Route 27
Franklin, NJ 08873

 

Status: Inactive Listing ID: 52882684

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Listing URL

https://shortsales.net/listing/address.html?address=Route-27-Franklin-NJ-08873/52882684_lid