2 Beds   2 Baths   1,075 Sq. Ft.   Condo
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Creeks Bend Dr
Minnetonka, MN 55345

Status: Inactive
Listing ID: 57382844

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,075
  • Lot Size: 0.00 acres
  • Year Built: 1987
  • Source ID: 38130355
  • Day(s) On Site: 113
  • Subdivision: CREEK BEND CONDO
  • Parcel Number: 31-117-22-34-0118
  • Property Type: Condo
  • Plaintiff: Creek Bend Condominium
  • Defendant Name: Judy L. Petersen
  • Recording Date: 01-11-2022
  • Trustee Address: 7900 Xerxes Ave S
  • Trustee Name: Linden Smith Jadin Johnson
  • Trustee City: Bloomington
  • Trustee State: MN
  • Trustee Zip: 55431
  • Trustee Phone: (952) 388-0289
  • Deed Category: NTS
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Public Records

  • Year Built: 1987
  • APN: 31-117-22-34-0118
  • Property Type: Condominium
  • Township: MINNETONKA
  • Subdivision: CREEK BEND CONDO
  •  

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: 03-04-2022
  • Auction Time: 10:00 AM
  • Auction Address: Hennepin County Sheriff's Office - Civil Unit, Room 30, Minneapolis City Hall, 350 South 5th St
  • Auction City: Minneapolis

    Loan Information

  • 1st Mortgage Date: 09-20-2013

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Listing History

Start Date End Date Listing Type Bank Name
03/03/22 04/13/22 Preforeclosure US BANK NATIONAL ASSOCIATION

Minnetonka, MN
Home Inspectors
Errickson Home Inspections LLC
Jon Errickson
612-991-4309
Homes On This Street
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Creeks Bend Dr
Minnetonka, MN 55345

2 Beds   2 Baths   1,075 sq. ft.   Condo

 

Status: Inactive Listing ID: 57382844

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=Creeks-Bend-Dr-Minnetonka-MN-55345/57382844_lid

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