$214,521 EMV


3 Beds   1.5 Baths   1,662 Sq. Ft.

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Judson St
Lincoln, NE 68504

Status: Inactive
Listing ID: 56666102

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Bankruptcy

Real estate is often a very valuable asset that a local court can take control of and sell through a bankruptcy procedure. This bankruptcy listing in Lincoln, NE is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. This is an important legal concept to understand before moving forward on Judson St Lincoln, NE. We highly recommend that you first contact the court-appointed receiver / trustee listed below (scroll down) under "Bankruptcy Information" to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. The court-appointed receiver / trustee is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy bankruptcy houses for sale in Lincoln, NE can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach the court appointed receiver / trustee to pursue your deal.

Contact the bankruptcy trustee to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Listing History

Start Date End Date Listing Type Bank Name
08/12/21   Bankruptcy

Lincoln, NE
Home Inspectors

Complete Inspection Services, LLC
Justin Fulbright
402-821-2030
Compass Inspections and Testing
Christopher Pelster
4027704224
Complete Inspection Services
Steven R Pollard
402-613-1218
Jeff Kramer
402-405-4763
Knights Home Inspection LLC
Jason Gruhn
4027703405
foreclosure.com

Judson St
Lincoln, NE 68504

3 Beds   1.5 Baths   1,662 sq. ft.

$214,521 EMV

Status: Inactive Listing ID: 56666102

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=Judson-St-Lincoln-NE-68504/56666102_lid

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