1 Bath   972 Sq. Ft.

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Janis St
Shelby Twp, MI 48317

Status: Inactive
Listing ID: 56765355

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Property Information

  • Bathrooms: 1
  • Living Area Size: 972
  • Year Built: 1940
  • Source ID: 21292247
  • Subdivision: S P CROSS GOODALE SHELBY TOWNS
  • Parcel Number: 23-07-34-152-029
  • Plaintiff: MUTHU PROPERTIES LLC
  • Defendant Name: CESK LUMAJ
  • Recording Book: 25736
  • Trustee Name: STUART J SNIDER
  • Trustee Address: 17211 W. 12 MILE ROAD
  • Trustee City: SOUTHFIELD
  • Trustee State: MI
  • Trustee Zip: 48033
  • Trustee Phone: (248) 443-9700
  • Deed Category: NFS
  • Mortgage Balance: $85,000

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Parking Sqft: 304
  • Air Conditioning: YES
  • Exterior Wall Type: ASBESTOS
  • Heating Fuel: ELECTRIC
  • Land Area Sqft: 7,405
  • Year Built: 1940
  • APN: 07-34-152-029
  • Property Type: Single Family Residence
  • Township: SHELBY TOWNSHIP
  • Living Sqft: 972
  • Garage: DETACHED
  • Style: RANCH
  • Subdivision: S P CROSS GOODALE SHELBY TOWNS

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: 10-29-2021
  • Auction Time: 10:00 AM
  • Auction Address: 40 NORTH MAIN STREET
  • Auction City: MOUNT CLEMENS

    Loan Information

  • 1st Mortgage Date: 12-18-2018
  • Mortgage Balance: $85,000

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Listing History

Start Date End Date Listing Type Bank Name
05/22/17 08/23/17 Foreclosure
04/21/16 05/20/16 Preforeclosure NATIONSTAR MORTGAGE LLC

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Janis St
Shelby Twp, MI 48317

1 Bath   972 sq. ft.

 

Status: Inactive Listing ID: 56765355

Property Information

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Public Records

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Property Description

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Listing URL

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