3,182 Sq. Ft.   Single-Family

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Hollow Oak Dr
Dallas, TX 75287

Status: Inactive
Listing ID: 56638475

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Property Information

  • Living Area Size: 3,182
  • Lot Size: 0.00 acres
  • Year Built: 1988
  • Source ID: 165261194
  • Days On Site: 97
  • Subdivision: BENT TREE WEST 05
  • Parcel Number: R-2306-021-0360-1
  • Property Type: Single Family Dwelling
  • Plaintiff: Reverse Mortgage Solutions Inc
  • Defendant Name: JAMES R NICHOLS AND LYDIA M NICHOLS
  • Recording Date: 08-12-2021
  • Trustee Address: 1301 Mckinney St
  • Trustee Name: GALLOWAY JOHNSON TOMPKINS BURR & SMITH
  • Trustee City: Houston
  • Trustee State: TX
  • Trustee Zip: 77010
  • Trustee Phone: (713) 599-0700
  • Trustee Reference Number: 5965-248
  • Deed Category: NTS
  • Document Number: 3336934
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Public Records

  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 400
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Pool: YES
  • Construction Type: FRAME
  • Exterior Wall Type: BRICK
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Type: HIP
  • Land Area Sqft: 10,751
  • Year Built: 1988
  • APN: R-2306-021-0360-1
  • Property Type: Single Family Residence
  • Township: COLLIN
  • Living Sqft: 3,182
  • Garage: ATTACHED
  • Subdivision: BENT TREE WEST 05
  •  

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: 10-05-2021
  • Auction Time: 10:00 AM
  • Auction Address: 2300 Bloomdale Rd
  • Auction City: Mckinney

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 04-06-2015

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Listing History

Start Date End Date Listing Type Bank Name
08/12/21 10/05/21 Preforeclosure REVERSE MORTGAGE SOLUTIONS INC

Dallas, TX
Home Inspectors

Spotlight Inspect, PLLC
Kristi L. Camp
214-207-0242
TNT Home Inspections
Michael Valtierra
972-951-7216
Armor Inspections
Derrell Jay Wilkinson
214-536-9160
Good Home Inspection
Bud Rozell
214-215-4961
foreclosure.com

Hollow Oak Dr
Dallas, TX 75287

3,182 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56638475

Property Information

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Public Records

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Property Description

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Listing URL

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