$914,317 EMV

4,218 Sq. Ft.   Single-Family
Get the Preforeclosure Address

E Fairfield St
Mesa, AZ 85203

Overview

This Single-Family Preforeclosure is located at E Fairfield St, Mesa, AZ 85203. It has , 4,218 sqft of living space. This property is currently in auction with an estimated market value of $914,317.
Save money on this property now.

Status: Active
Listing ID: 57322126
Interested in this property?
View More Photos
Create a Free Account

Learn about E Fairfield St in Mesa, AZ

This single-family property is available as a preforeclosure at E Fairfield St. Based on our analysis of the current market conditions in Mesa for E Fairfield St and comparable listings, the estimated market value is $914,317. If purchased for rental purposes, the monthly rental rate could range between $1,660 and $2,040. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at E Fairfield St are updated daily along with others in Mesa, Arizona. Since this property is a preforeclosure, check out our Foreclosure Timeline for E Fairfield St below to see helpful information about this listing.


Foreclosure Timeline

E Fairfield St in Mesa Arizona Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on E Fairfield St
View Foreclosure Status
09/15/10
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
View Rental and Market Value
for E Fairfield St in Mesa Arizona
View Market Value

Property Information

Public Records

Community & Neighborhood

This property in Mesa, AZ is located in the Hill View Acres Subdivision.


Preforeclosure

The property located at E Fairfield St in Mesa, AZ is listed as a Preforeclosure

This listing located at E Fairfield St in Mesa, AZ could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Mesa, Arizona is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Mesa, AZ, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Mesa, Arizona doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

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.

Read more...

Auction Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for E Fairfield St located in Mesa, AZ is $1,850/month. Comparable homes around E Fairfield St that are rentals have monthly ranges starting as low as $1,660 per month and as high as $2,040 per month. An owner looking to use this property as an investment could bring a return in the area of $1,660 - $2,040 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Similar Homes Nearby Mesa, AZ


The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.

The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.

Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.

Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

Homes On This Street
View more homes on E Fairfield St
foreclosure.com

E Fairfield St
Mesa, AZ 85203

4,218 sq. ft.   Single-Family

$914,317 EMV

Status: Active Listing ID: 57322126

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://static.foreclosure.com/listing/address.html?address=E-Fairfield-St-Mesa-AZ-85203/57322126_lid

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.