3 Beds   1 Bath   1,118 Sq. Ft.

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Isabelle St
Memphis, TN 38122

Status: Inactive
Listing ID: 56706005

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,118
  • Year Built: 1948
  • Days On Site: 34
  • Subdivision: WRENWOOD
  • Defendant Name: Tracy L Muse
  • Attorney Name: Arnold M. Weiss
  • Attorney Law Firm: Law Offices of Arnold M. Weiss PLLC
  • Trustee Name: John W. Byrd
  • Trustee Number: HU5906
  • Deed Category: NFS
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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 7
  • No. of Stories: 1
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 440
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: GAS
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 8,700
  • Year Built: 1948
  • APN: 038-086--020
  • Property Type: Single Family Residence
  • Township: MEMPHIS
  • Front Footage: 60
  • Depth Footage: 145
  • Living Sqft: 1,118
  • Garage: DETACHED FRAME
  • Style: LOG
  • Subdivision: WRENWOOD

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: 09-29-2021
  • Auction Time: 12:00 Noon
  • Auction Location: The Southwest door on the Adams Avenue entrance of the Shelby County Courthouse, 140 Adams Avenue, Memphis, Tennessee

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • 1st Mortgage Date: 09-24-1998

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
09/09/21 09/29/21 Preforeclosure

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Isabelle St
Memphis, TN 38122

3 Beds   1 Bath   1,118 sq. ft.

 

Status: Inactive Listing ID: 56706005

Property Information

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Public Records

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Property Description

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Listing URL

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