Single-Family

3318 20th Ave, Sacramento, CA 95820

Overview

This Single-Family Preforeclosure is located at 20th Ave, Sacramento, CA 95820. This property is currently in auction.
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Status: Inactive
Listing ID: 15360199

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Property Information

  • Day(s) On Site: 4953
  • Parcel Number: 020-0204-034-0000
  • Property Type: Single Family Dwelling
  • Owner First Name: BENJAMIN
  • Owner Last Name: PLASCENCIA
  • Recording Date: 04-15-2009
  • Trustee Name: AHMSI DEFAULT SERVICES, INC.
  • Trustee Address: 1820 E. FIRST STREET, STE. 210, P.O. BOX 11988
  • Trustee City: SANTA ANA
  • Trustee State: CA
  • Trustee Zip: 92711
  • Trustee Phone: (503) 223-5600
  • Trustee Sale Number: K379260 CA
  • Deed Category: NTS
  • Document Number: 200601181937
  • Page Number: 200904150438

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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

  • Minimum Bid: $163,811
  • Auction Date: 05-05-2009
  • Auction Time: 10:00AM
  • Auction Address: 720 9TH STREET
  • Auction City: SACRAMENTO
  • Auction State: CA

    Loan Information

  • Lender Name: US BANK NATIONAL ASSOCIATION
  • Lender Address: 7485 NEW HORIZON WAY BLDG 3
  • Lender City: FREDERICK
  • Lender State: MD
  • Lender Zip: 21703
  • Lender Phone: (406) 657-8004
  • 1st Mortgage Date: 01-18-2006
  • 1st Mortgage Amount: $154,000

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foreclosure.com

20th Ave
Sacramento, CA 95820

Single-Family

 

Status: Inactive Listing ID: 15360199

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=3318-20th-Ave-Sacramento-CA-95820

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