3 Beds   2 Baths   1,859 Sq. Ft.   Single-Family

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Alex Cir
Eagle River, AK 99577

Status: Inactive
Listing ID: 56554982

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,859
  • Lot Size: 0.22 acres
  • Year Built: 2004
  • Source ID: 40730482
  • Subdivision: POWDER RDG 03
  • Parcel Number: 051-962-16-000
  • Property Type: Single Family Dwelling
  • Defendant Name: JAMES D MILLS JR
  • Plaintiff: Denali Alaskan Federal Credit Union
  • Recording Date: 07-08-2021
  • Trustee Name: CLEAR RECON CORP
  • Trustee Reference Number: 096366-AK
  • Deed Category: NTS
  • Mortgage Balance: $269,144
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 7
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 541
  • Fireplaces: PREFAB
  • Exterior Wall Type: WOOD
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Land Area Sqft: 9,395
  • Year Built: 2004
  • APN: 05196216000
  • Property Type: Single Family Residence
  • Living Sqft: 1,859
  • Garage: ATTACHED
  • Style: RANCH
  • Subdivision: POWDER RDG 03
  •  

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: 10-14-2021
  • Auction Time: 10:00 AM
  • Auction Address: 303 K Street
  • Auction City: Anchorage

    Loan Information

  • 1st Mortgage Date: 03-17-2015
  • Mortgage Balance: $269,144

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Listing History

Start Date End Date Listing Type Bank Name
07/12/21   Preforeclosure
01/06/15 03/12/15 Preforeclosure

Eagle River, AK
Home Inspectors

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Troy Bloxom
907-694-7587
foreclosure.com

Alex Cir
Eagle River, AK 99577

3 Beds   2 Baths   1,859 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56554982

Property Information

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Public Records

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Property Description

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Listing URL

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