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County Road 508
Newville, AL 36353

*Rental Value Coming Soon

Overview

This is located at County Road 508, Newville, AL 36353. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 59893318
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Learn about County Road 508 in Newville, AL

This property is available as a preforeclosure at County Road 508. Based on our analysis of the current market conditions in Newville for County Road 508 and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at County Road 508 are updated daily along with others in Newville, Alabama.


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Property Information

  • Source ID: 21922573
  • Day(s) On Site: 76
  • Trustee Name: TIFFANY AND BOSCO PA
  • Trustee City: BIRMINGHAM
  • Trustee Address: 2501 20th Place South Suite 300
  • Trustee State: AL
  • Trustee Zip: 35223
  • Trustee Phone: (205) 930-5200
  • Trustee Reference Number: 23-01237
  • Deed Category: NTS
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Preforeclosure

The property located at County Road 508 in Newville, AL is listed as a Preforeclosure

The process of preforelcosure with properties like County Road 508 in Newville, Alabama begin 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: 04-25-2023
  • Auction Time: 11:00 AM
  • Auction Address: 100 E Court Square
  • Auction City: Ozark

Loan Information

  • 1st Mortgage Date: 09-27-2018

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County Information

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Listing History

Start Date End Date Listing Type Bank Name
03/28/23   Bankruptcy
03/10/23 04/18/23 Preforeclosure

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County Road 508
Newville, AL 36353

 

Status: Inactive Listing ID: 59893318

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Listing URL

https://static.foreclosure.com/listing/address.html?address=County-Road-508-Newville-AL-36353/59893318_lid

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