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Jernigan Dr
Somerville, TN 38068

*Rental Value Coming Soon


This is located at Jernigan Dr, Somerville, TN 38068. 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: 59893302
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Learn about Jernigan Dr in Somerville, TN

This property is available as a preforeclosure at Jernigan Dr. Based on our analysis of the current market conditions in Somerville for Jernigan Dr and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Jernigan Dr are updated daily along with others in Somerville, Tennessee.

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Property Information

  • Source ID: 21923818
  • Day(s) On Site: 81
  • Parcel Number: 3100
  • Defendant Name: Paul Paris
  • Plaintiff: Fayette County Title Company
  • Trustee Address: 124 EAST MARKET STREET
  • Trustee City: SEVIERVILLE
  • Trustee State: TN
  • Trustee Zip: 37862
  • Trustee Phone: (901) 465-3117
  • Deed Category: NTS


The property located at Jernigan Dr in Somerville, TN is listed as a Preforeclosure

The process of preforelcosure with properties like Jernigan Dr in Somerville, Tennessee 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.


Auction Information

  • Auction Date: 04-06-2023
  • Auction Time: 12:00 PM
  • Auction Address: 705 Justice Dr
  • Auction City: Somerville

Loan Information

  • 1st Mortgage Date: 05-29-2020

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Listing History

Start Date End Date Listing Type Bank Name
03/13/23 04/06/23 Preforeclosure
02/02/20 05/03/20 Foreclosure

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Jernigan Dr
Somerville, TN 38068


Status: Inactive Listing ID: 59893302

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