Magnolia, Delaware 19962
Listing Details
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Magnolia, DE 19962

4 Beds | 2.5 Baths | 2,960 sq. ft.
Foreclosure
Listing ID: 54677108

$266,500

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices. For more check out 'First Steps' below.
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  • Property Information
    • Price: $266,500
    • Bedrooms: 4
    • Bathrooms: 2.5
    • Living Area Size: 2,960
    • Lot Size: 0-0.25 ac
    • Year Built: 2010
    • Description: This is a super value on this bank owned home, compare the price for homes with nearly 3,000 square feet. There are some cosmetic repairs carpet and paint. The first floor has a formal ding room, living room, a two story family room with a ceiling to floor stone fire place. The kitchen is really large with up-graded cabinets and counterrtop. There is a double wall oven, flat cooktop , breakfast area. There is also an office or study. The second floor has top notch master bedroom suite , the master bath has a double vanity, separate soaking tub, glass enclosed shower. You have to love the fenced in backyard that has the large community open space, so you will not be looking into your neighbor's kitchen.
    • Days On Site: 66
  • Property Tax Roll
    • Subdivision: RESERVE AT CHESTNUT RIDGE 1&2
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Land Area Sqft: 10,890
    • APN: 7-00-12101-02-5900-000
    • Property Type: Agricultural
    • Front Footage: 93
    • Depth Footage: 140
    • Subdivision: RESERVE AT CHESTNUT RIDGE 1&2
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $1,400 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $26,650 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
12/25/19 01/08/20 Foreclosure View now
05/26/12 07/05/12 Preforeclosure View now
05/18/12 07/05/12 Preforeclosure View now
05/15/12 07/05/12 Preforeclosure View now
  • Contact Information
    • Agent Company: Remax Horizons Inc
    • Agent Name: Edward Hammond
    • Agent Phone: (302) 678-4300
    • Agent Email: Email Now

FIRST STEPS:

Foreclosures

You've identified an ideal foreclosure property. Now what?

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Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers.

A property will most likely be listed with a Realtor® who can assist you with submitting an offer.

Contact the listing broker's office as soon as possible to learn about how to visit the property, make offers, and close a transaction. For your convenience, this contact information is located to your left under the property's "Contact Information" header.

This is a big investment. Therefore, learn as much as you can about the property, lender, loan amount and expenses the lender wants to recover.

Once you've gathered this information, it's time to make an informed offer.

Always keep in mind that the seller's primary objective is to recover the amount of the loan balance that was not paid by the previous homeowner, as well as the costs of the foreclosure action and other expenses.

However, the longer lenders own properties, the more eager they become to sell them, often at reduced prices.

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