Get the Preforeclosure Address

Gibbons Hill Ln
League City, TX 77573

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This is located at Gibbons Hill Ln, League City, TX 77573. This listing is NOT an active listing. This property is currently in auction.
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Status: Inactive
Listing ID: 58388815

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Property Information

  • Source ID: 21625188
  • Day(s) On Site: 52
  • Plaintiff: SIWELL INC
  • Defendant Name: ROBERT EDWARD DOUCET
  • Recording Date: 07-28-2022
  • Trustee Address: 4004 BELT LINE RD #100
  • Trustee City: ADDISON
  • Trustee State: TX
  • Trustee Zip: 75001
  • Trustee Phone: (972) 386-5040
  • Deed Category: NTS
  • Document Number: 2022000987

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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: 09-06-2022
  • Auction Time: 01:00 PM
  • Auction Address: 722 MOODY 21ST STREET 1ST FLOOR
  • Auction City: GALVESTON

    Loan Information

  • 1st Mortgage Date: 11-27-2017

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Listing History

Start Date End Date Listing Type Bank Name
07/28/22 09/06/22 Preforeclosure Capital Mortgage Svcs Of Texas


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Homes On This Street
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Gibbons Hill Ln
League City, TX 77573


Status: Inactive Listing ID: 58388815

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