3 Beds   1 Bath   1,214 Sq. Ft.

2917 Avenue I, Council Bluffs, IA 51501

Status: Inactive
Listing ID: 49467900

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,214
  • Year Built: 1958
  • Source ID: 18366229
  • Day(s) On Site: 1784
  • Subdivision: BENSONS ADD 01
  • Defendant Name: PEGGY SHIVELY
  • Plaintiff: BAYVIEW LOAN SERVICING LLC
  • Case Number: EQCV114033
  • Trustee City: COUNCIL BLUFFS
  • Trustee Name: LOCHER PAVELKA DOSTAL BRADDY AND HAMMES LLC
  • Trustee Address: 500 WEST BROADWAY SUITE 307
  • Trustee State: IA
  • Trustee Zip: 51503
  • Trustee Phone: (402) 898-7000
  • Trustee Reference Number: 17001761
  • Deed Category: NFS
  • Mortgage Balance: $95,531

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 576
  • Exterior Wall Type: VINYL
  • Foundation Type: CONCRETE BLOCK
  • Roof Material: ASPHALT
  • Land Area Sqft: 5,662
  • Year Built: 1958
  • APN: 7544-27-186-004
  • Property Type: Single Family Residence
  • Front Footage: 44
  • Living Sqft: 1,214
  • Basement Finish Type: FULL
  • Garage: DETACHED FRAME
  • Subdivision: BENSONS ADD 01
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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: 05-19-2017
  • Auction Time: 10:00 AM
  • Auction Address: 1400 BIG LAKE RD
  • Auction City: COUNCIL BLUFFS

    Loan Information

  • Mortgage Balance: $95,531

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Listing History

Start Date End Date Listing Type Bank Name
05/23/16 07/29/16 Preforeclosure U S BANK

Homes On This Street
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Avenue I
Council Bluffs, IA 51501

3 Beds   1 Bath   1,214 sq. ft.

 

Status: Inactive Listing ID: 49467900

Property Information

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Public Records

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Property Description

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Listing URL

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