3 Beds   1 Bath   1,298 Sq. Ft.   Single-Family
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2nd Ave Nw
Buffalo, MN 55313

Overview

This Single-Family Preforeclosure is located at 2nd Ave Nw, Buffalo, MN 55313. It has 3 Beds, 1 Bath , 1,298 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58096562

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,298
  • Lot Size: 0.00 acres
  • Year Built: 1900
  • Source ID: 148229112
  • Day(s) On Site: 60
  • Subdivision: ACKLEYS ADD
  • Parcel Number: 103-011-003030
  • Property Type: Single Family Dwelling
  • Plaintiff: Phh Mortgage
  • Defendant Name: SCOTT SEBEK
  • Recording Date: 06-10-2022
  • Trustee Name: HALLIDAY, WATKINS & MANN
  • Trustee Address: 101 5 Th St E
  • Trustee City: Saint Paul
  • Trustee State: MN
  • Trustee Zip: 55101
  • Trustee Phone: (801) 355-2886
  • Deed Category: NTS

Potential Home Value

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Public Records

  • No. of Stories: 2
  • Construction Type: WOOD
  • Exterior Wall Type: VINYL
  • Roof Type: GABLE
  • Land Area Sqft: 9,945
  • Year Built: 1900
  • APN: 103-011-003030
  • Property Type: Single Family Residence
  • Township: BUFFALO
  • Subdivision: ACKLEYS ADD

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: 07-22-2022
  • Auction Time: 10:00 AM
  • Auction Address: Scott County Sheriff's Office, 301 S Fuller St
  • Auction City: Shakopee

    Loan Information

  • 1st Mortgage Date: 08-23-2002

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Listing History

Start Date End Date Listing Type Bank Name
06/20/22 07/22/22 Preforeclosure

Buffalo, MN
Home Inspectors
HouseMaster
Scott Euerle
763-280-3320
Homes On This Street
View more homes on 2nd Ave Nw
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2nd Ave Nw
Buffalo, MN 55313

3 Beds   1 Bath   1,298 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 58096562

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=2nd-Ave-Nw-Buffalo-MN-55313/58096562_lid

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