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Alvin St
Garden City, MI 48135

Overview

This Preforeclosure is located at Alvin St, Garden City, MI 48135. This property is currently in auction.
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Status: Inactive
Listing ID: 58145637

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Property Information

  • Source ID: 21569868
  • Day(s) On Site: 52
  • Subdivision: MODERN HOMES 01
  • Plaintiff: COMERICA BANK
  • Defendant Name: HERMAN M DOCKERY
  • Trustee Name: JESSICA L BERG PLLC
  • Trustee Address: 1052 BEDFORD ROAD
  • Trustee City: GROSSE POINTE PARK
  • Trustee State: MI
  • Trustee Zip: 48230
  • Trustee Phone: (734) 755-8486
  • Deed Category: NFS
  • Mortgage Balance: $10,326
  •  

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Public Records

  • Land Area Sqft: 6,098
  • APN: 35-019-03-0017-000
  • Property Type: Single Family Residence
  • Township: GARDEN CITY
  • Subdivision: MODERN HOMES 01
  •  

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: 07-21-2022
  • Auction Time: 11:00 AM
  • Auction Address: 1441 SAINT ANTOINE STREET # 102
  • Auction City: DETROIT
  • Auction Zip: 48226

    Loan Information

  • 1st Mortgage Date: 04-16-1992
  • Mortgage Balance: $10,326

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Listing History

Start Date End Date Listing Type Bank Name
06/21/22 07/21/22 Preforeclosure Comerica Bank
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Alvin St
Garden City, MI 48135

 

Status: Inactive Listing ID: 58145637

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=Alvin-St-Garden-City-MI-48135/58145637_lid

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