2 Baths   1,416 Sq. Ft.
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Hot Springs Dr
Caddo Valley, AR 71923

Overview

This Preforeclosure is located at Hot Springs Dr, Caddo Valley, AR 71923. It has 2 Baths , 1,416 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57968112

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,416
  • Year Built: 2007
  • Source ID: 21526126
  • Day(s) On Site: 80
  • Subdivision: MADDEN ADD
  • Trustee Name: PADGETT LAW GROUP
  • Trustee City: LITTLE ROCK
  • Trustee Address: 415 NORTH MCKINLEY SUITE 1177
  • Trustee State: AR
  • Trustee Zip: 72205
  • Trustee Phone: (850) 422-2520
  • Trustee Reference Number: 19-018596
  • Deed Category: NFS
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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: CENTRAL
  • Construction Type: FRAME
  • Exterior Wall Type: VINYL
  • Floor Type: Type unknown
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Year Built: 2007
  • APN: 78-00061-000
  • Property Type: Single Family Residence
  • Living Sqft: 1,416
  • Garage: CARPORT
  • Subdivision: MADDEN ADD

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: 07-22-2022

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Listing History

Start Date End Date Listing Type Bank Name
02/06/20 04/22/20 Preforeclosure USDA RURAL DEVELOPMENT
foreclosure.com

Hot Springs Dr
Caddo Valley, AR 71923

2 Baths   1,416 sq. ft.

 

Status: Inactive Listing ID: 57968112

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=Hot-Springs-Dr-Caddo-Valley-AR-71923/57968112_lid

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