1,216 Sq. Ft.   Single-Family

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County Road 45300
Powderly, TX 75473

Status: Inactive
Listing ID: 56714845

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Property Information

  • Living Area Size: 1,216
  • Lot Size: 1.00 acres
  • Year Built: 2010
  • Source ID: 218151954
  • Days On Site: 40
  • Subdivision: T G WRIGHT SURV ABS 987
  • Parcel Number: 103100
  • Property Type: Single Family Dwelling
  • Plaintiff: Vanberbilt Mortgage And Finance Inc
  • Defendant Name: TOMMY G WEST AND SANDRA JEAN WEST
  • Recording Date: 08-26-2021
  • Trustee Address: 802 N Carancahua St
  • Trustee Name: K CLIFFORD LITTLEFIELD C/O UPTON MICKITS & HEYMANN LLP
  • Trustee City: Corpus Christi
  • Trustee State: TX
  • Trustee Zip: 78401
  • Deed Category: NTS

Public Records

  • Land Area Sqft: 43,560
  • APN: 103100
  • Property Type: Single Family Residence
  • Mobile Home Indicator: Y
  • Subdivision: T G WRIGHT SURV ABS 987
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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: 10-05-2021
  • Auction Time: 1:00 PM
  • Auction Address: The Lamar County Courthouse 119 N Main St
  • Auction City: Paris

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 02-22-2010

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
08/26/21 10/05/21 Preforeclosure VANDERBILT MORTGAGE AND FIN...

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County Road 45300
Powderly, TX 75473

1,216 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56714845

Property Information

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Public Records

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Property Description

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Listing URL

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