2 Beds   1 Bath   900 Sq. Ft.
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Chestnut St
Mishawaka, IN 46545

Status: Inactive
Listing ID: 56853443

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 900
  • Source ID: 21317433
  • Day(s) On Site: 85
  • Subdivision: G W R FOWLERS ADD 01
  • Defendant Name: GREER
  • Trustee Reference Number: 31637
  • Deed Category: NFS
  • Mortgage Balance: $108,777

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • Basement Sqft: 600
  • Parking: DETACHED GARAGE
  • Parking Sqft: 576
  • Pool: CIRCULAR
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 5,227
  • APN: 71-09-10-352-006.000-023
  • Property Type: Single Family Residence
  • Township: PENN TOWNSHIP
  • Front Footage: 41
  • Depth Footage: 132
  • Living Sqft: 900
  • Garage: DETACHED
  • Subdivision: G W R FOWLERS ADD 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: 12-09-2021
  • Auction Time: 10:00 AM
  • Auction Address: 227 W. JEFFERSON BLVD
  • Auction City: SOUTH BEND
  • Auction Zip: 46601

    Loan Information

  • Mortgage Balance: $108,777

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Listing History

Start Date End Date Listing Type Bank Name
01/19/21 08/17/21 Preforeclosure US Bank NA

Mishawaka, IN
Home Inspectors
Benchmark Inspections LLC
Scott A Kinrade
574-229-7855
Homes On This Street
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Chestnut St
Mishawaka, IN 46545

2 Beds   1 Bath   900 sq. ft.

 

Status: Inactive Listing ID: 56853443

Property Information

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Public Records

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Property Description

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Listing URL

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