6 Beds   2 Baths   1,676 Sq. Ft.

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7th St Se
Little Falls, MN 56345

Status: Inactive
Listing ID: 56660257

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Property Information

  • Bedrooms: 6
  • Bathrooms: 2
  • Living Area Size: 1,676
  • Year Built: 1900
  • Source ID: 21259695
  • Parcel Number: 48.0765.001
  • Plaintiff: SERVION INC
  • Defendant Name: JEFFREY THOMAS GASSLER
  • Trustee Name: HALLIDAY WATKINS AND MANN P C
  • Trustee Address: 101 FIFTH STREET EAST SUITE 2626
  • Trustee City: SAINT PAUL
  • Trustee State: MN
  • Trustee Zip: 55101
  • Trustee Phone: (651) 291-8955
  • Deed Category: NFS
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Public Records

  • Bedrooms: 6
  • Baths: 2
  • Full Baths: 2
  • Parking: GARAGE/CARPORT
  • Parking Sqft: 768
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: BRICK
  • Foundation Type: CONCRETE
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GAMBREL
  • Year Built: 1900
  • APN: 48.0765.001
  • Property Type: Single Family Residence
  • Township: L.F. EAST
  • Living Sqft: 1,676
  • Garage: GARAGE/CARPORT
  •  

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: 10-12-2021
  • Auction Time: 10:00 AM
  • Auction Address: 213 1ST AVE SE
  • Auction City: LITTLE FALLS

    Loan Information

  • 1st Mortgage Date: 04-30-2019

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Listing History

Start Date End Date Listing Type Bank Name
11/24/21   Preforeclosure SERVION INC
08/29/21 11/16/21 Preforeclosure Servion

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7th St Se
Little Falls, MN 56345

6 Beds   2 Baths   1,676 sq. ft.

 

Status: Inactive Listing ID: 56660257

Property Information

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Public Records

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Property Description

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Listing URL

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