Upper Marlboro, Maryland 20774
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Upper Marlboro, MD 20774

Preforeclosure
Listing ID: 52536269
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. For more check out 'First Steps' below.
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  • Property Classification
    • Classification Id: Notice of Trustee Sale
    • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.
  • Property Information
    • Source ID: 20240951
    • Day(s) On Site: 186
  • Auction Information
    • Auction Date: 06-20-2019
    • Auction Time: 10:00 AM
    • Auction Address: 14735 MAIN ST
    • Auction City: UPPER MARLBORO
    • Auction Zip: 20772
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  • County Information
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  • Mortgage Information
    • Estimated Monthly Payment: Payment Information
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Listing History
Start Date End Date Listing Type  
10/23/19 10/24/19 Preforeclosure View now
10/10/19 10/24/19 Preforeclosure View now
06/19/19   Bankruptcy View now

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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