2,079 Sq. Ft.

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College Ave
Jackson, AL 36545

Status: Inactive
Listing ID: 56760798

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Property Information

  • Living Area Size: 2,079
  • Year Built: 1908
  • Source ID: 21289380
  • Subdivision: KIMBELL ADD
  • Plaintiff: MERCHANTS BANK
  • Defendant Name: DAVID M WALKER
  • Recording Book: 1503
  • Trustee City: MONTGOMERY
  • Trustee Name: SASSER SEFTON BROWN TIPTON AND DAVIS PC
  • Trustee Address: 445 DEXTER AVENUE SUITE 8050
  • Trustee State: AL
  • Trustee Zip: 36104
  • Trustee Phone: (334) 532-3400
  • Trustee Reference Number: 49864.226
  • Deed Category: NFS
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Public Records

  • No. of Stories: 1
  • Exterior Wall Type: WOOD FRAME
  • Floor Type: PINE
  • Foundation Type: PIER
  • Land Area Sqft: 2,142
  • Year Built: 1908
  • APN: 4203054003043000
  • Property Type: Single Family Residence
  • Front Footage: 17
  • Depth Footage: 126
  • Living Sqft: 2,079
  • Subdivision: KIMBELL 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: 10-19-2021
  • Auction Address: 114 COURT STREET
  • Auction City: GROVE HILL

    Loan Information

  • 1st Mortgage Date: 04-17-2018

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Listing History

Start Date End Date Listing Type Bank Name
02/14/13 11/11/13 Bankruptcy

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College Ave
Jackson, AL 36545

2,079 sq. ft.

 

Status: Inactive Listing ID: 56760798

Property Information

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Public Records

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Property Description

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Listing URL

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