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E Shea 2080
Scottsdale, AZ 85254

Status: Inactive
Listing ID: 56716973

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Property Information

  • Source ID: 21274942
  • Days On Site: 34
  • Plaintiff: VILLAGE AT GRAYHAWK OWNERS ASSOCIATION
  • Defendant Name: MICHAEL DOWLATABADI
  • Case Number: CV2019-094690
  • Deed Category: NFS
  • Mortgage Balance: $4,563

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: 10-07-2021
  • Auction Time: 10:00 AM
  • Auction Address: 234 NORTH CENTRAL AVENUE 8TH FLOOR
  • Auction City: PHOENIX

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • Mortgage Balance: $4,563

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Scottsdale, AZ
Home Inspectors

Arizona Superior Home Inspection, LLC
Larry Swanson
480-206-2034
Royal Home Inspectors LLC
Bruce LaBell
602-765-2140
Coyote Home Inspections
John Wylie
602-770-8152
Anthony Chiarello
602-999-1828
1st Priority Inspections
Timothy Sponsler
480-219-7663
foreclosure.com

E Shea 2080
Scottsdale, AZ 85254

 

Status: Inactive Listing ID: 56716973

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