$289,973 EMV


3 Beds   1 Bath   1,157 Sq. Ft.   Single-Family

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Edison Ave
Sacramento, CA 95821

Status: Inactive
Listing ID: 56437315

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,157
  • Lot Size: 0.28 acres
  • Year Built: 1950
  • Source ID: 10127549
  • Days On Site: 138
  • Subdivision: MORSE MANORS
  • Parcel Number: 254-0142-020-0000
  • Property Type: Single Family Dwelling
  • Plaintiff: Michael A Neves
  • Defendant Name: SELEMAN, PETER A
  • Recording Date: 05-27-2021
  • Trustee Address: Po Box 994465
  • Trustee Name: FORECLOSURE SPECIALISTS INC
  • Trustee City: Redding
  • Trustee State: CA
  • Trustee Zip: 96099
  • Trustee Phone: (530) 246-2727
  • Trustee Reference Number: 21-2811
  • Deed Category: NOD
  • Document Number: 202105271470
  •  

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Parking: COVERED
  • Parking Sqft: 430
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: WOOD
  • Heating Type: CENTRAL
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 12,197
  • Year Built: 1950
  • APN: 254-0142-020-0
  • Property Type: Single Family Residence
  • Living Sqft: 1,157
  • Garage: YES
  • Parking Spaces: 2
  • Style: L-SHAPE
  • Subdivision: MORSE MANORS
  •  

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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    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    Loan Information

  • 1st Mortgage Date: 10-14-2020

    NEW Credit Information Center

  • Want to fix your credit before buying?: Learn how
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Sacramento, CA
Home Inspectors

MR.INSPECTOR
Michael J. Gill
916-709-1517
River City Home Inspections
Gary Ferderer
916-498-9738
818 Inspections
Mark Gresham
9163079775
HomeGuard Incorporated
Arif Baig
408-993-1900
HomeGuard Incorporated
Brian R Ellis
916-568-7300
foreclosure.com

Edison Ave
Sacramento, CA 95821

3 Beds   1 Bath   1,157 sq. ft.   Single-Family

$289,973 EMV

Status: Inactive Listing ID: 56437315

Property Information

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Public Records

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Property Description

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Listing URL

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