928 Sq. Ft.   Single-Family

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6th Ave
Port Arthur, TX 77642

Status: Inactive
Listing ID: 56651597

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Property Information

  • Living Area Size: 928
  • Lot Size: 0.32 acres
  • Year Built: 1962
  • Source ID: 164750752
  • Parcel Number: 047150-000-009500-00000-8
  • Property Type: Single Family Dwelling
  • Plaintiff: Wilmington Savings Fund Society Fsb, As Trustee
  • Defendant Name: MAX FORSTER AND GAIL FORSTER
  • Recording Date: 08-12-2021
  • Trustee Address: 5601 Executive Dr
  • Trustee Name: ROBERTSON ANSCHUTZ SCHNEID CRANE & PARTNERS PLLC
  • Trustee City: Irving
  • Trustee State: TX
  • Trustee Zip: 75038
  • Trustee Phone: (817) 873-3080
  • Trustee Reference Number: 20-007947
  • Deed Category: NTS
  • Document Number: 2021028263
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Public Records

  • No. of Stories: 1
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 400
  • Air Conditioning: CENTRAL
  • Construction Type: FRAME
  • Foundation Type: PIER
  • Heating Type: CENTRAL
  • Land Area Sqft: 13,983
  • APN: 047150-000-009500-00000-8
  • Property Type: Single Family Residence
  • Township: BEAUMONT ISD
  • Front Footage: 100
  • Depth Footage: 140
  • Living Sqft: 928
  • Garage: DETACHED FRAME
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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: 11-02-2021
  • Auction Time: 1:00 PM
  • Auction Address: 1149 Pearl St, N Door
  • Auction City: Beaumont

    Loan Information

  • 1st Mortgage Date: 05-15-2012

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6th Ave
Port Arthur, TX 77642

928 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56651597

Property Information

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Public Records

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Property Description

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Listing URL

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