10,080 Sq. Ft.

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Grand Larry St
Anchorage, AK 99504

Status: Inactive
Listing ID: 56609208

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Property Information

  • Living Area Size: 10,080
  • Lot Size: 0.27 acres
  • Year Built: 1969
  • Source ID: 50973022
  • Parcel Number: 006-041-09-000
  • Defendant Name: PARK PLACE HOMES LLC
  • Plaintiff: First National Bank Alaska
  • Recording Date: 07-29-2021
  • Trustee Reference Number: 096829-AK
  • Trustee Name: STEWART TITLE OF ALASKA INC
  • Deed Category: NTS
  • Mortgage Balance: $604,907

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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

  • Auction Date: 11-04-2021
  • Auction Time: 10:00 AM
  • Auction Address: 303 K Street
  • Auction City: Anchorage

    Loan Information

  • 1st Mortgage Date: 11-08-2010
  • Mortgage Balance: $604,907

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Anchorage, AK
Home Inspectors

Best Inspection, Inc.
Jim Foss
907-522-2378
Accurate Inspection Services
Jonathan C. Schultz
907-243-0352
Signature Inspection Service, Inc
Larry M. McBain
907-223-3725
Discovery Home Inspection
David Mortensen
19072434476
Quality Home Inspection Service
Kevin Jones
907-333-1719
foreclosure.com

Grand Larry St
Anchorage, AK 99504

10,080 sq. ft.

 

Status: Inactive Listing ID: 56609208

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Grand-Larry-St-Anchorage-AK-99504/56609208_lid

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