Get the Preforeclosure Address

Butterworth St Sw
Grand Rapids, MI 49504

*Rental Value Coming Soon

Overview

This is located at Butterworth St Sw, Grand Rapids, MI 49504. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 58334136

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Property Information

  • Source ID: 21609432
  • Day(s) On Site: 72
  • Plaintiff: FIFTH THIRD MORTGAGE
  • Defendant Name: SELENIA M VELAZQUEZ
  • Trustee Name: ORLANS PC
  • Trustee Address: 1650 WEST BIG BEAVER ROAD
  • Trustee City: TROY
  • Trustee State: MI
  • Trustee Zip: 48084
  • Trustee Phone: (248) 502-1400
  • Trustee Reference Number: 22-002652
  • Deed Category: NFS
  • Mortgage Balance: $66,776
  •  

Public Records

  • APN: 41-13-25-351-004
  • Property Type: Single Family Residence
  • Township: CITY OF GRAND RAPIDS
  •  

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: 09-07-2022
  • Auction Time: 10:00 AM
  • Auction Address: 180 OTTAWA AVENUE NW
  • Auction City: GRAND RAPIDS

    Loan Information

  • 1st Mortgage Date: 07-10-2006
  • Mortgage Balance: $66,776

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Listing History

Start Date End Date Listing Type Bank Name
07/20/22 08/18/22 Preforeclosure Towd Point Mortgage Trust 2...

Grand Rapids, MI
Home Inspectors
Caverley Home Inspections
Patrick Caverley
616-835-1729
Home Inspection Service of MI
Charles Wiersum
800-637-4503
The Home Examiner, LLC
Oliver Yared
6165504662
Eric R Stone
616-889-0043
The Home Examiner LLC
Steve Yared
616-516-2703
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Butterworth St Sw
Grand Rapids, MI 49504

 

Status: Inactive Listing ID: 58334136

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=Butterworth-St-Sw-Grand-Rapids-MI-49504/58334136_lid

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