$45,000

Land
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Galena Street
Los Angeles, CA 90032

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Overview

This Land Foreclosure is located at Galena Street, Los Angeles, CA 90032. It has This property is currently bank owned.
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Status: Active
Listing ID: 58662336

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Foreclosure Timeline

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Bank Owned

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View Foreclosure Status
09/28/22
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $45,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Property Information

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Address: Galena Street Los Angeles CA 90032

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Auction Information

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Listing History

Start Date End Date Listing Type Bank Name
10/23/21 07/29/22 Foreclosure

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Homes On This Street
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foreclosure.com

Galena Street
Los Angeles, CA 90032

Land

$45,000

Status: Active Listing ID: 58662336

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=Galena-Street-Los-Angeles-CA-90032/58662336_lid

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