1 Bath   1,276 Sq. Ft.
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County Road 36
Mead, CO 80542

Overview

This Preforeclosure is located at County Road 36, Mead, CO 80542. It has 1 Bath , 1,276 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56593062

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,276
  • Year Built: 1920
  • Source ID: 21242088
  • Day(s) On Site: 369
  • Plaintiff: RUSSELL PARTNERSHIP LLP
  • Defendant Name: HIGHLAND PROPERTIES 518 LLC
  • Recording Date: 06-24-2021
  • Trustee City: LONGMONT
  • Trustee Name: LYONS GADDIS KAHN HALL JEFFERS DWORAK AND GRANT PC
  • Trustee Address: 515 KIMBARK STREET 2ND FLOOR
  • Trustee State: CO
  • Trustee Zip: 80502
  • Trustee Phone: (303) 776-9900
  • Deed Category: NFS
  • Mortgage Balance: $204,055
  • Document Number: 4728894

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Exterior Wall Type: FRAME HARDBOARD
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 4,138,200
  • Effective Year Built: 1920
  • Year Built: 1910
  • APN: R4736486
  • Property Type: Agricultural
  • Living Sqft: 1,276
  • Style: RANCH

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: 02-09-2022
  • Auction Time: 10:00 AM
  • Auction Address: WWW.WELD.REALFORECLOSE.COM

    Loan Information

  • 1st Mortgage Date: 03-15-2018
  • Mortgage Balance: $204,055

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Listing History

Start Date End Date Listing Type Bank Name
11/01/19   Tax Lien
foreclosure.com

County Road 36
Mead, CO 80542

1 Bath   1,276 sq. ft.

 

Status: Inactive Listing ID: 56593062

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=County-Road-36-Mead-CO-80542/56593062_lid

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