$104,380 EMV


2 Beds

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Avenue P
Carter Lake, IA 51510

Status: Inactive
Listing ID: 56615033

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Property Information

  • Bedrooms: 2
  • Year Built: 1961
  • Source ID: 21246862
  • Days On Site: 67
  • Subdivision: HOLIDAY PARK ADD
  • Defendant Name: DANIEL E MARTINEZ
  • Plaintiff: PACIFIC UNION FINANCIAL LLC
  • Case Number: EQCV118999
  • Trustee Name: SOUTHLAW PC
  • Trustee Address: 1401 50TH STREET SUITE 100
  • Trustee City: WEST DES MOINES
  • Trustee State: IA
  • Trustee Zip: 50266
  • Trustee Phone: (515) 223-7325
  • Trustee Reference Number: 21008578
  • Deed Category: NFS
  • Mortgage Balance: $78,156
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Public Records

  • Bedrooms: 2
  • Rooms: 4
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 576
  • Fireplaces: 1 STORY PREFAB
  • Exterior Wall Type: VINYL
  • Foundation Type: CONCRETE
  • Roof Material: ASPHALT
  • Land Area Sqft: 6,098
  • Year Built: 1961
  • APN: 7544-16-305-005
  • Property Type: Single Family Residence
  • Front Footage: 55
  • Basement Finish Type: FULL
  • Garage: DETACHED FRAME
  • Subdivision: HOLIDAY PARK ADD

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: 10-08-2021
  • Auction Time: 10:00 AM
  • Auction Address: 1400 BIG LAKE RD
  • Auction City: COUNCIL BLUFFS

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • Mortgage Balance: $78,156

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Avenue P
Carter Lake, IA 51510

2 Beds

$104,380 EMV

Status: Inactive Listing ID: 56615033

Property Information

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Public Records

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Property Description

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Listing URL

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