$67,065 EMV

Single-Family
Get the Preforeclosure Address

Heim Ave
Butler, PA 16001

Overview

This Single-Family is located at Heim Ave, Butler, PA 16001. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 59894713
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Learn about Heim Ave in Butler, PA

This single-family property is available as a preforeclosure at Heim Ave. Based on our analysis of the current market conditions in Butler for Heim Ave and comparable listings, the estimated market value is $67,065. If purchased for rental purposes, the monthly rental rate could range between $11,365 and $770. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Heim Ave are updated daily along with others in Butler, Pennsylvania.


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Property Information

  • Day(s) On Site: 70
  • Property Type: Single Family Dwelling
  • Deed Category: NOD
  •  

Public Records

  • APN: 561-37-248-0000
  • Property Type: Single Family Residence
  • Township: BUTLER CITY WARD 1
  •  

Preforeclosure

The property located at Heim Ave in Butler, PA is listed as a Preforeclosure

The process of preforelcosure with properties like Heim Ave in Butler, Pennsylvania begin 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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Rental Value

The estimated rental value for Heim Ave located in Butler, PA is $670/month. Comparable homes around Heim Ave that are rentals have monthly ranges starting as low as $11,365 per month and as high as $770 per month. An owner looking to use this property as an investment could bring a return in the area of $11,365 - $770 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
04/14/23 05/19/23 Preforeclosure PNC BANK

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Heim Ave
Butler, PA 16001

Single-Family

$67,065 EMV

Status: Inactive Listing ID: 59894713

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=Heim-Ave-Butler-PA-16001/59894713_lid

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