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Elmendorf St
Chattanooga, TN 37406

Status: Inactive
Listing ID: 57322166

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Property Information

  • Year Built: 1950
  • Source ID: 21380624
  • Day(s) On Site: 123
  • Subdivision: SHERMAN PARK
  • Plaintiff: US BANK TRUST NA
  • Defendant Name: KENNETH BROOKS
  • Recording Book: 8233
  • Trustee Name: WILSON AND ASSOCIATES
  • Trustee Address: 6055 PRIMACY PARKWAY SUITE 410
  • Trustee City: MEMPHIS
  • Trustee State: TN
  • Trustee Zip: 38119
  • Trustee Phone: (901) 767-5566
  • Trustee Reference Number: 350711
  • Deed Category: NTS

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Public Records

  • Effective Year Built: 1950
  • Year Built: 1900
  • APN: 128P-H-013
  • Property Type: Single Family Residence
  • Township: CITY
  • Subdivision: SHERMAN PARK

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: 02-07-2022
  • Auction Time: 03:00 PM
  • Auction Address: 625 GEORGIA AVENUE
  • Auction City: CHATTANOOGA
  • Auction Zip: 37402

    Loan Information

  • 1st Mortgage Date: 01-26-2007

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Listing History

Start Date End Date Listing Type Bank Name
01/27/22   Bankruptcy
01/14/22 02/07/22 Preforeclosure US Bank Trust National Asso...

Chattanooga, TN
Home Inspectors
ATS property inspecitons, PLLC
Paul Edmonson
423.421.7095
Full Spectrum Home Inspectors
Ed Hopkins
(423)6813936
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Elmendorf St
Chattanooga, TN 37406

 

Status: Inactive Listing ID: 57322166

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=Elmendorf-St-Chattanooga-TN-37406/57322166_lid

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