3 Beds   2 Baths   953 Sq. Ft.   Single-Family

14027 Crosstown Blvd Nw, Andover, MN 55304

Status: Inactive
Listing ID: 46000663

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 953
  • Year Built: 1971
  • Source ID: 16126080
  • Day(s) On Site: 2577
  • Assessed Value: $159,200
  • Parcel Number: 34-32-24-22-0024
  • Property Type: Single Family Dwelling
  • Plaintiff: JPMORGAN CHASE BANK
  • Defendant Name: SAKURA AMIE YAJ
  • Last Sale Amount: $174,900
  • Last Sale Date: 12-27-2002
  • Trustee City: MINNEAPOLIS
  • Trustee Name: USSET WEINGARDEN AND LIEBO PLLP
  • Trustee Address: 4500 PARK GLEN ROAD SUITE 120
  • Trustee State: MN
  • Trustee Zip: 55416
  • Trustee Phone: (952) 925-6888
  • Trustee Reference Number: 30-14-008352 FC
  • Deed Category: NFS
  • Mortgage Balance: $186,217

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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: 02-20-2015
  • Auction Time: 10:00 AM
  • Auction Address: 13301 HANSON BOULEVARD NW
  • Auction City: ANDOVER

    Loan Information

  • 1st Mortgage Date: 12-02-2002
  • Mortgage Balance: $186,217

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Homes On This Street
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Crosstown Blvd Nw
Andover, MN 55304

3 Beds   2 Baths   953 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 46000663

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