3 Beds   2 Baths   920 Sq. Ft.   Single-Family
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8th Ave Sw
Faribault, MN 55021

Overview

This Single-Family Foreclosure is located at 8th Ave Sw, Faribault, MN 55021. It has 3 Beds, 2 Baths , 920 sqft of living space. This property is currently bank owned.
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Status: Inactive
Listing ID: 56769563

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 920
  • Year Built: 1950
  • Source ID: 211738574
  • Day(s) On Site: 315
  • Subdivision: FIRST ADDITION TO SOUTHERN HEIGHTS
  • Parcel Number: 18.06.2.51.125
  • Property Type: Single Family Dwelling
  • Owner Name: GENISYS CREDIT UNION
  • Recording Date: 09-28-2021
  • Document Number: 000A744300
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 336
  • Air Conditioning: YES
  • Exterior Wall Type: STEEL
  • Foundation Type: STEEL
  • Roof Material: ASPHALT
  • Land Area Sqft: 8,960
  • Year Built: 1950
  • APN: 18.06.2.51.125
  • Property Type: Single Family Residence
  • Township: FARIBAULT
  • Front Footage: 64
  • Depth Footage: 140
  • Living Sqft: 920
  • Basement Finish Type: FINISHED
  • Garage: DETACHED FRAME
  • Subdivision: SOUTHERN HEIGHTS ADD 01

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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8th Ave Sw
Faribault, MN 55021

3 Beds   2 Baths   920 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56769563

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=8th-Ave-Sw-Faribault-MN-55021/56769563_lid

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