$508,958 EMV

3 Beds   2.5 Baths   1,849 Sq. Ft.
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Gibraltar St
Denver, CO 80249

Status: Active
Listing ID: 57887125

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Foreclosure Timeline

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Pre-Foreclosure

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Bank Owned

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View Foreclosure Status
05/05/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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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

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Rental Value

The estimated rental value for Gibraltar St located in Denver, CO is $1,890/month. Comparable homes around Gibraltar St that are rentals have monthly ranges starting as low as $1,510 per month and as high as $2,270 per month. An owner looking to use this property as an investment could bring a return in the area of $1,510 - $2,270 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
05/05/22   Preforeclosure
11/05/21   Tax Lien

Denver, CO
Home Inspectors
Scott Home Inspection
Woodrow Hoffmann
720-369-8182
Stauss Inspections
Stephen Stauss
3035327272
Pillar to Post -The Kastberg Team
Adam Bartczak
303-655-1177
AR U Home Inspection LLC
Aaron Rath
303-419-3309
Cactus Home Inspection, LLC
Donald M. Kronig
303-929-3513
Homes On This Street
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Gibraltar St
Denver, CO 80249

3 Beds   2.5 Baths   1,849 sq. ft.

$508,958 EMV

Status: Active Listing ID: 57887125

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=Gibraltar-St-Denver-CO-80249/57887125_lid

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