2 Beds   1 Bath   1,068 Sq. Ft.

1136 Pownal Rd, Auburn, ME 04210

Status: Inactive
Listing ID: 54471796

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,068
  • Year Built: 1947
  • Source ID: 20572406
  • Day(s) On Site: 915
  • Plaintiff: WELLS FARGO BANK NA
  • Defendant Name: BRYAN LAMBERT
  • Judgment Date: 10-09-2019
  • Recording Book: 5996
  • Trustee Name: KORDE AND ASSOCIATES PC
  • Trustee City: S PORTLAND
  • Trustee Address: 707 SABLE OAKS DR SUITE 250
  • Trustee State: ME
  • Trustee Zip: 04106
  • Trustee Phone: (207) 775-6223
  • Trustee Reference Number: 15-023166
  • Deed Category: NTS
  • Document Number: LEWDC-RE-18-113

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 400
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 288
  • Exterior Wall Type: SHINGLE/WOOD
  • Heating Type: FORCED HOT WATER
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 59,242
  • Year Built: 1947
  • APN: 02060-057-019
  • Property Type: Agricultural
  • Township: AUBURN CITY
  • Living Sqft: 1,068
  • Garage: ATTACHED
  • Style: RANCH

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.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 12-19-2019
  • Auction Time: 10:15 AM
  • Auction Address: 707 SABLE OAKS DR. SUITE 250
  • Auction City: SOUTH PORTLAND

    Loan Information

  • 1st Mortgage Date: 06-30-2004

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Listing History

Start Date End Date Listing Type Bank Name
11/15/19 09/10/20 Preforeclosure Wells Fargo Bank Na Tr
foreclosure.com

Pownal Rd
Auburn, ME 04210

2 Beds   1 Bath   1,068 sq. ft.

 

Status: Inactive Listing ID: 54471796

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=1136-Pownal-Rd-Auburn-ME-04210

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