$3,874

6627 Brooklyn Ave, Kansas City, MO 64132

Status: Inactive
Listing ID: 4764602

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Property Information

  • Price: $3,874
  • Day(s) On Site: 5697
  • Parcel Number: 47-140-08-13-00-0-00-000
  • Attorney Name: SHAPIRO & WEISMAN
  • Attorney Address: 502 EARTH CITY EXPWY
  • Attorney City: EARTH CITY
  • Attorney State: MO
  • Attorney Zip: 63045
  • Attorney Phone: (314) 770-2120
  • Deed Category: NOD

Potential Home Value

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Current Value
$3,874
Potential Value
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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: 10-30-2006
  • Auction Location: Local County Courthouse

    Loan Information

  • Lender Name: MidFirst Bank
  • Lender Address: 999 NW Grand Blvd Oklahoma City, OK 73118
  • Lender Phone: (866) 886-6721

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foreclosure.com

Brooklyn Ave
Kansas City, MO 64132

$3,874

Status: Inactive Listing ID: 4764602

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=6627-Brooklyn-Ave-Kansas-City-MO-64132

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