1,508 Sq. Ft.   Mobile Home
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Futrell Ln
Rockwood, TN 37854

Status: Inactive
Listing ID: 57362330

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Property Information

  • Living Area Size: 1,508
  • Lot Size: 3.00 acres
  • Year Built: 2012
  • Source ID: 219354005
  • Day(s) On Site: 112
  • Parcel Number: 018144 02000
  • Property Type: Mobile Home
  • Defendant Name: DANNY G FUTRELL
  • Plaintiff: Southwest Stage Funding LLC Dba Cascade Financial Services
  • Recording Date: 01-21-2022
  • Document Book: 1418
  • Document Page: 913
  • Trustee Name: PADGETT LAW GROUP
  • Trustee Address: 6267 Old Water Oak Rd
  • Trustee City: Tallahassee
  • Trustee State: FL
  • Trustee Zip: 32312
  • Trustee Phone: (850) 422-2520
  • Deed Category: NTS

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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.


Auction Information

  • Auction Date: 02-17-2022
  • Auction Time: 10:00 AM
  • Auction Address: The Front Door Of The Cumberland County Courthouse
  • Auction City: Crossville

    Loan Information

  • 1st Mortgage Date: 10-03-2013

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Listing History

Start Date End Date Listing Type Bank Name
03/30/22   Foreclosure
01/27/22 03/24/22 Preforeclosure

Futrell Ln
Rockwood, TN 37854

1,508 sq. ft.   Mobile Home


Status: Inactive Listing ID: 57362330

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