4 Beds   2 Baths   2,007 Sq. Ft.   Single-Family

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E Briarwood Ave
Littleton, CO 80122

Status: Active
Listing ID: 56782725

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05/18/12
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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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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Littleton, CO
Home Inspectors

Call2Inspect Certified Home Inspectors
David Roos
3037307233
William Ericson
720-505-7270
Pillar to Post -The Kastberg Team
Sean Butvilavicius
303-655-1177
Alpine Building Performance LLC
Benjamin Ruh
7206638081
Homerun Inspection Service, LLC
Robert W Wood III
303-948-9892
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E Briarwood Ave
Littleton, CO 80122

4 Beds   2 Baths   2,007 sq. ft.   Single-Family

 

Status: Active Listing ID: 56782725

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=E-Briarwood-Ave-Littleton-CO-80122/56782725_lid

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