3 Beds   2.2 Baths   1,848 Sq. Ft.   Land
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54th St Nw
Gig Harbor, WA 98335

*Rental Value Coming Soon


This Land Preforeclosure is located at 54th St Nw, Gig Harbor, WA 98335. It has 3 Beds, 2.2 Baths , 1,848 sqft of living space. This property is currently in auction.
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Status: Active
Listing ID: 59603114
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Learn about 54th St Nw in Gig Harbor, WA

This land property is available as a preforeclosure at 54th St Nw. It has 3 bedrooms, 2.2 bathrooms, and 1,848 square feet of living space. Based on our analysis of the current market conditions in Gig Harbor for 54th St Nw and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 54th St Nw are updated daily along with others in Gig Harbor, Washington. Since this property is a preforeclosure, check out our Foreclosure Timeline for 54th St Nw below to see helpful information about this listing.

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Bank Owned

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Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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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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Listing History

Start Date End Date Listing Type Bank Name
03/27/23 04/02/23 Preforeclosure
03/01/23   Preforeclosure
02/26/23   Preforeclosure


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Homes On This Street
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54th St Nw
Gig Harbor, WA 98335

3 Beds   2.2 Baths   1,848 sq. ft.   Land


Status: Active Listing ID: 59603114

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