Got Foreclosure! - Blog

Here is an interesting hi-end pre-foreclosure opportunity in Arcadia:

 725 Carriage House Drive, Arcadia, CA 91006 (click will open zillow.com page)

According to public records, there is only one loan on this property with a principal balance of approximately $1,950,000.

This loan is in default. A Notice Of Default has been filed, with a default amount of just over $45,000.

The value estimate on zillow.com is $2,730,500 which leaves an equity position of approximately $740,000.

I will update this blog as we follow this pre-foreclosure. Please let me know if you would be interested in buying this home!