1,213 Sq. Ft.
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Clay Ct
Sterling Heights, MI 48313


This Preforeclosure is located at Clay Ct, Sterling Heights, MI 48313. It has , 1,213 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56974450

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Property Information

  • Living Area Size: 1,213
  • Source ID: 21334431
  • Day(s) On Site: 262
  • Subdivision: STERLING SQUARE
  • Defendant Name: YOUNG S SANDERS
  • Recording Book: 19699
  • Trustee Name: STEPHEN M GUERRA
  • Trustee Address: 30140 ORCHARD LAKE ROAD
  • Trustee City: FARMINGTON HILLS
  • Trustee State: MI
  • Trustee Zip: 48334
  • Trustee Phone: (248) 671-0140
  • Deed Category: NFS
  • Mortgage Balance: $3,062

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Public Records

  • No. of Stories: 1
  • Fireplaces: YES
  • Heating Fuel: ELECTRIC
  • APN: 10-15-301-299
  • Property Type: Condominium
  • Living Sqft: 1,213
  • Subdivision: STERLING SQUARE


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.


Auction Information

  • Auction Date: 01-14-2022
  • Auction Time: 10:00 AM
  • Auction Address: 40 NORTH MAIN STREET
  • Auction City: MOUNT CLEMENS

    Loan Information

  • Mortgage Balance: $3,062

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Listing History

Start Date End Date Listing Type Bank Name
08/17/20 09/25/20 Preforeclosure STERLING SQUARE CONDOMINIUM

Sterling Heights, MI
Home Inspectors
Insight Residential Inspections, LLC
Brian Bishop
Homes On This Street
View more homes on Clay Ct

Clay Ct
Sterling Heights, MI 48313

1,213 sq. ft.


Status: Inactive Listing ID: 56974450

Property Information

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Public Records

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Property Description

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