2 Beds   1.5 Baths   1,129 Sq. Ft.
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Lake Song Ln
Broomfield, CO 80023

Overview

This Preforeclosure is located at Lake Song Ln, Broomfield, CO 80023. It has 2 Beds, 1.5 Baths , 1,129 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57576181

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Living Area Size: 1,129
  • Year Built: 2001
  • Source ID: 21430031
  • Day(s) On Site: 160
  • Subdivision: MCKAY LANDING FILING 01
  • Plaintiff: ELEVATIONS CREDIT UNION
  • Case Number: 2022-006
  • Recording Date: 03-04-2022
  • Trustee Name: RANDALL S MILLER AND ASSOCIATES PC
  • Trustee Address: 216 16TH STREET SUITE 1210
  • Trustee City: DENVER
  • Trustee State: CO
  • Trustee Zip: 80202
  • Trustee Phone: (720) 259-6710
  • Trustee Reference Number: 2200004-1
  • Deed Category: NTS
  • Mortgage Balance: $287,853
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Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Units: 1
  • Basement Sqft: 610
  • Roof Material: ASPHALT
  • Land Area Sqft: 799
  • Year Built: 2001
  • APN: R0127004
  • Property Type: Single Family Residence
  • Township: ADAMS
  • Living Sqft: 1,129
  • Style: TOWNHOUSE
  • Subdivision: MCKAY LANDING FILING 01
  •  

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: 07-06-2022
  • Auction Time: 10:00 AM
  • Auction Address: 1 DESCOMBES DR
  • Auction City: BROOMFIELD

    Loan Information

  • 1st Mortgage Date: 06-27-2019
  • Mortgage Balance: $287,853

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Broomfield, CO
Home Inspectors
Centennial Inspection Service, Inc.
Stan Stroud
303-489-4478
AmeriSpec Inspection Service
Lou Conte
303-494-1188
Scott Home Inspection
Jason Berger
970-532-2424
Homes On This Street
View more homes on Lake Song Ln
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Lake Song Ln
Broomfield, CO 80023

2 Beds   1.5 Baths   1,129 sq. ft.

 

Status: Inactive Listing ID: 57576181

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=Lake-Song-Ln-Broomfield-CO-80023/57576181_lid

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