$29,000

2 Beds   2 Baths

5355 Nw 30th Ave, Miami, FL 33142

Status: Inactive
Listing ID: 27513505

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Property Information

  • Price: $29,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Total Rooms: 4
  • Source ID: 785040
  • Day(s) On Site: 3976

Potential Home Value

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Current Value
$29,000
Potential Value
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Listing History

Start Date End Date Listing Type Bank Name
07/06/10 07/12/10 Preforeclosure Wells Fargo Bank
06/08/09 11/05/09 Preforeclosure Wells Fargo Bank, NA

Homes On This Street
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Nw 30th Ave
Miami, FL 33142

2 Beds   2 Baths

$29,000

Status: Inactive Listing ID: 27513505

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Listing URL

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