Get the Preforeclosure Address

180th St Sw Apt D-205
Lynnwood, WA 98037

Overview

This Preforeclosure is located at 180th St Sw Apt D-205, Lynnwood, WA 98037. This property is currently in auction.
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Status: Inactive
Listing ID: 58076168

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Property Information

  • Day(s) On Site: 70
  • Plaintiff: LAKEVIEW LOAN SERVICING
  • Defendant Name: IQBAL A MALIK
  • Case Number: WA21895759RM
  • Recording Date: 02-28-2022
  • Deed Category: NFS
  • Mortgage Balance: $104,315
  •  

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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: 07-01-2022
  • Auction Time: 9:00 AM
  • Auction Location: ON THE STEPS IN FRONT OF THE NORTH ENTRANCE TO THE SNOHOMISH COUNTY COURTHOUSE 3000 ROCKEFELLER AVE EVERETT

    Loan Information

  • 1st Mortgage Date: 09-12-2008
  • 1st Mortgage Amount: $132,275
  • Mortgage Balance: $104,315

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Lynnwood, WA
Home Inspectors
Don't Panic Inspections
Collin Pointon
425-247-1789
Homes On This Street
View more homes on 180th St Sw Apt D-205
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180th St Sw Apt D-205
Lynnwood, WA 98037

 

Status: Inactive Listing ID: 58076168

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Listing URL

https://static.foreclosure.com/listing/address.html?address=180th-St-Sw-Apt-D-205-Lynnwood-WA-98037/58076168_lid

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