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11th St Nw
Mandan, ND 58554

Status: Inactive
Listing ID: 56722773

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Property Information

  • Source ID: 21276476
  • Day(s) On Site: 78
  • Subdivision: SUNSET 1ST
  • Plaintiff: QUICKEN LOANS INC
  • Defendant Name: THOMAS J LAFFERTY III
  • Case Number: 30-2021-CV-00128
  • Judgment Date: 04-14-2021
  • Trustee City: SALT LAKE CTY
  • Trustee Name: HALLIDAY WATKINS AND MANN PC
  • Trustee Address: 376 EAST 400 SOUTH SUITE 300
  • Trustee State: UT
  • Trustee Zip: 84111
  • Trustee Phone: (801) 355-2886
  • Deed Category: NTS
  • Mortgage Balance: $267,945
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Public Records

  • APN: 65-5002000
  • Property Type: Single Family Residence
  • Township: CITY OF MANDAN
  • Subdivision: SUNSET 1ST

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: 10-19-2021
  • Auction Time: 01:30 PM
  • Auction Address: 210 2ND AVENUE NW
  • Auction City: MANDAN

    Loan Information

  • 1st Mortgage Date: 12-08-2014
  • Mortgage Balance: $267,945

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11th St Nw
Mandan, ND 58554

 

Status: Inactive Listing ID: 56722773

Property Information

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Public Records

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Property Description

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Listing URL

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