1 Bath   1,393 Sq. Ft.   Single-Family
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Blue Sapphire Dr
Iowa Colony, TX 77583

Overview

This Single-Family Preforeclosure is located at Blue Sapphire Dr, Iowa Colony, TX 77583. It has 1 Bath , 1,393 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57830646

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,393
  • Lot Size: 0.19 acres
  • Year Built: 2017
  • Source ID: 323423493
  • Day(s) On Site: 115
  • Parcel Number: 7793-2001-001
  • Property Type: Single Family Dwelling
  • Plaintiff: Freedon Mortgage Corp
  • Defendant Name: ROBERT WAYNE DYER II
  • Recording Date: 05-12-2022
  • Trustee Address: 5601 Democracy Dr
  • Trustee Name: MILLER, GEORGE & SUGGS, PLLC
  • Trustee City: Plano
  • Trustee State: TX
  • Trustee Zip: 75024
  • Trustee Reference Number: 22TX373-0478
  • Deed Category: NTS
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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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Auction Information

  • Auction Date: 08-02-2022
  • Auction Time: 10:00 AM
  • Auction Address: 111 E Locust Street
  • Auction City: Angleton

    Loan Information

  • 1st Mortgage Date: 06-22-2017

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Blue Sapphire Dr
Iowa Colony, TX 77583

1 Bath   1,393 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57830646

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Blue-Sapphire-Dr-Iowa-Colony-TX-77583/57830646_lid

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