$659,424 EMV

1 Bed   1 Bath   824 Sq. Ft.   Condo
Get the Preforeclosure Address

Auzerais Ave Unit 452
San Jose, CA 95126

Overview

This Condo Preforeclosure is located at Auzerais Ave Unit 452, San Jose, CA 95126. It has 1 Bed, 1 Bath , 824 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $659,424
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Status: Active
Listing ID: 58157950

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Bank Owned

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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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Rental Value

The estimated rental value for Auzerais Ave Unit 452 located in San Jose, CA is $2,000/month. Comparable homes around Auzerais Ave Unit 452 that are rentals have monthly ranges starting as low as $1,700 per month and as high as $2,300 per month. An owner looking to use this property as an investment could bring a return in the area of $1,700 - $2,300 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


San Jose, CA
Home Inspectors
HomeGuard Incorporated
Dean Phillips, Jr.
925-294-1800
Homeguard Incorporated
Kevin Salazar
855-331-1900
Silver Creek Inspections
Goran Subotin
408-224-4688
Christopher D Reynolds
4086087350
Magnum Property Inspection, Inc.
Ken Collins
408-226-6200
Homes On This Street
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Auzerais Ave Unit 452
San Jose, CA 95126

1 Bed   1 Bath   824 sq. ft.   Condo

$659,424 EMV

Status: Active Listing ID: 58157950

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=Auzerais-Ave-Unit-452-San-Jose-CA-95126/58157950_lid

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