2 Beds   2 Baths
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Endicott Way
Apple Valley, MN 55124

Overview

This Preforeclosure is located at Endicott Way, Apple Valley, MN 55124. It has 2 Beds, 2 Baths. This property is currently in auction.
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Status: Inactive
Listing ID: 56884594

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Year Built: 1992
  • Source ID: 21323993
  • Day(s) On Site: 273
  • Parcel Number: 01-81456-01-160
  • Subdivision: VALLEY WAY VILLAGE 7TH ADD
  • Plaintiff: JAMES B NUTTER AND COMPANY
  • Defendant Name: ORVILLE W OLSON
  • Trustee Name: LOGS LEGAL GROUP LLP
  • Trustee Address: 12550 WEST FRONTAGE ROAD SUITE 200
  • Trustee City: BURNSVILLE
  • Trustee State: MN
  • Trustee Zip: 55337
  • Trustee Phone: (952) 831-4060
  • Trustee Reference Number: 21-114056
  • Deed Category: NFS

Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: SPLIT LEVEL
  • Parking: UNFINISHED GARAGE
  • Parking Sqft: 88
  • Construction Type: WOOD
  • Land Area Sqft: 1,742
  • Effective Year Built: 1992
  • Year Built: 1989
  • APN: 01-81456-01-160
  • Property Type: Single Family Residence
  • Township: APPLE VALLEY
  • Garage: UNFINISHED
  • Subdivision: VALLEY WAY VILLAGE 7TH ADD

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: 03-01-2022
  • Auction Time: 10:00 AM
  • Auction Address: 1580 HIGHWAY 55 LOBBY S100
  • Auction City: HASTINGS

    Loan Information

  • 1st Mortgage Date: 05-30-2008

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Apple Valley, MN
Home Inspectors
Homtech, Inc
Karl A Sanders ACI
612-408-4000
Homes On This Street
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Endicott Way
Apple Valley, MN 55124

2 Beds   2 Baths

 

Status: Inactive Listing ID: 56884594

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=Endicott-Way-Apple-Valley-MN-55124/56884594_lid

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