$254,000 EMV

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Great Western Dr Unit Q1
Longmont, CO 80501

Overview

This Preforeclosure is located at Great Western Dr Unit Q1, Longmont, CO 80501. This property is currently in auction with an estimated market value of $254,000.
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Status: Active
Listing ID: 58154941

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Homes near Great Western Dr Unit Q1 in Longmont, Colorado


Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property
View Foreclosure Status
06/21/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
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Property Information

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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 Great Western Dr Unit Q1 located in Longmont, CO is $1,131/month. Comparable homes around Great Western Dr Unit Q1 that are rentals have monthly ranges starting as low as $960 per month and as high as $1,301 per month. An owner looking to use this property as an investment could bring a return in the area of $960 - $1,301 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
06/21/22   Preforeclosure Pnc Bank National Association

Longmont, CO
Home Inspectors
Scott Home Inspection, LLC
David Spielman
303-373-2424
Baker Property Inspections, LLC
Stephen Baker
720-300-0870
RBS&K Home & Building Inspectors Inc
Rick Glassman
303-956-8860
Advantage Home Inspections, Inc.
Mark Pepin
303-881-1241
AmeriSpec Inspection Service
Eric R. Conda
303-494-1188
Homes On This Street
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foreclosure.com

Great Western Dr Unit Q1
Longmont, CO 80501

$254,000 EMV

Status: Active Listing ID: 58154941

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Great-Western-Dr-Unit-Q1-Longmont-CO-80501/58154941_lid

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