3 Beds   2 Baths   1,232 Sq. Ft.   Condo
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Heather Ln
Chesterfield, MI 48051

Status: Inactive
Listing ID: 56749315

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,232
  • Year Built: 2000
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 1,232 square feet property features 3 beds and 2.0 baths. It is located in Macomb County in the city of Chesterfield. Be ready to bid and buy at auction on 12-03-2021. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Day(s) On Site: 116
  • Subdivision: BRIAR TOWNE
  • Property Type: Condo
  • Deed Category: NFS

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Public Records

  • Heating Fuel: ELECTRIC
  • Land Area Sqft: 6,696
  • APN: 09-31-202-134
  • Property Type: Condominium
  • Township: CHESTERFIELD TOWNSHIP
  • Front Footage: 72
  • Depth Footage: 93
  • Subdivision: BRIAR TOWNE

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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Address: Heather Ln Chesterfield MI 48051

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Auction Information

  • Minimum Bid: $0
  • Auction Date: 12-03-2021

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Listing History

Start Date End Date Listing Type Bank Name
11/29/21   Bankruptcy
11/05/21 12/03/21 Preforeclosure Caliber Home Loans Inc

Homes On This Street
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Heather Ln
Chesterfield, MI 48051

3 Beds   2 Baths   1,232 sq. ft.   Condo

 

Status: Inactive Listing ID: 56749315

Property Information

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Public Records

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Property Description

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