2 Beds   1 Bath   768 Sq. Ft.
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11th St
West Des Moines, IA 50265

Overview

This Preforeclosure is located at 11th St, West Des Moines, IA 50265. It has 2 Beds, 1 Bath , 768 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58104605

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 768
  • Year Built: 1940
  • Source ID: 22017216
  • Day(s) On Site: 59
  • Subdivision: COLONIAL HEIGHTS 02
  • Case Number: EQCE087485
  • Plaintiff: ROCKET MORTGAGE, LLC F/K/A QUICKEN LOANS, LLC F/K/A QUICKEN LOANS INC
  • Defendant Name: RAYMOND PEREZ, CITY OF WEST DES MOINES, STATE OF IOWA, AND PARTIES IN POSSESSION
  • Attorney Law Firm: THE SAYER LAW GROUP PC
  • Attorney Phone: (319) 234-2530
  • Deed Category: NFS
  •  

Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 4
  • No. of Stories: 1
  • Basement Sqft: 768
  • Parking Sqft: 576
  • Air Conditioning: CENTRAL
  • Construction Type: FRAME
  • Exterior Wall Type: VINYL
  • Foundation Type: CONCRETE BLOCK
  • Heating Type: FORCED AIR GAS
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 9,600
  • Year Built: 1940
  • APN: 320-01228000000
  • Property Type: Single Family Residence
  • Front Footage: 60
  • Depth Footage: 160
  • Living Sqft: 768
  • Garage: YES
  • Style: RANCH
  • Subdivision: COLONIAL HEIGHTS 02

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

  • Minimum Bid: $156,552
  • Auction Date: 08-09-2022
  • Auction Time: 10:00 AM
  • Auction Location: The Justice Center, 222 – 5th Avenue Des Moines, IA 50309

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Listing History

Start Date End Date Listing Type Bank Name
06/20/22 08/09/22 Preforeclosure Rocket Mortgage LLC
06/16/22 08/09/22 Preforeclosure QUICKEN LOANS INC
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11th St
West Des Moines, IA 50265

2 Beds   1 Bath   768 sq. ft.

 

Status: Inactive Listing ID: 58104605

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=11th-St-West-Des-Moines-IA-50265/58104605_lid

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