$381,333 EMV


2 Beds   3 Baths   1,895 Sq. Ft.   Condo

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Fairfield Ct
Minnetonka, MN 55305

Status: Inactive
Listing ID: 56733426

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Property Information

  • Bedrooms: 2
  • Bathrooms: 3
  • Living Area Size: 1,895
  • Lot Size: 0.00 acres
  • Year Built: 1999
  • Source ID: 50175147
  • Days On Site: 25
  • Subdivision: WEST RIDGE CONDOS
  • Parcel Number: 02-117-22-13-0297
  • Property Type: Condo
  • Plaintiff: West Ridge Condominiums Homeowners Association
  • Defendant Name: Marissa K. Maas
  • Recording Date: 09-03-2021
  • Trustee Name: Smith Jadin Johnson
  • Trustee Address: 7900 Xerxes Ave S
  • Trustee City: Bloomington
  • Trustee State: MN
  • Trustee Zip: 55431
  • Trustee Phone: (952) 388-0289
  • Deed Category: NTS
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Public Records

  • Bedrooms: 2
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 7
  • No. of Stories: 2
  • Parking: ATTACHED GARAGE/CARPORT
  • Parking Sqft: 340
  • Air Conditioning: YES
  • Fireplaces: YES
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: HIP
  • Year Built: 1999
  • APN: 02-117-22-13-0297
  • Property Type: Condominium
  • Township: MINNETONKA
  • Living Sqft: 1,895
  • Basement Finish Type: PARTIALLY FINISHED
  • Garage: ATTACHED GARAGE/CARPORT
  • Style: CONDOMINIUM
  • Subdivision: WEST RIDGE CONDOS

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: 10-15-2021
  • Auction Time: 10:00 AM
  • Auction Address: Hennepin County Sheriff's Office, Civil Division, Room 30, 350 South 5th Street
  • Auction City: Minneapolis

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 04-26-1999

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Minnetonka, MN
Home Inspectors

Errickson Home Inspections LLC
Jon Errickson
612-991-4309
foreclosure.com

Fairfield Ct
Minnetonka, MN 55305

2 Beds   3 Baths   1,895 sq. ft.   Condo

$381,333 EMV

Status: Inactive Listing ID: 56733426

Property Information

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Public Records

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Property Description

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Listing URL

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