$193,647 EMV

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Lakeview Ln
Headland, AL 36345

Overview

This is located at Lakeview Ln, Headland, AL 36345. 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: 59641162
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Learn about Lakeview Ln in Headland, AL

This property is available as a preforeclosure at Lakeview Ln. Based on our analysis of the current market conditions in Headland for Lakeview Ln and comparable listings, the estimated market value is $193,647. If purchased for rental purposes, the monthly rental rate could range between $890 and $1,090. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Lakeview Ln are updated daily along with others in Headland, Alabama.


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Property Information

  • Source ID: 21852868
  • Day(s) On Site: 61
  • Trustee Name: Brennan Rutledge
  • Trustee Phone: (704) 333-8107
  • Deed Category: NFS
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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: 03-28-2023
  • Auction Time: 11:00 AM
  • Auction Address: 25 Grove St
  • Auction City: Headland

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Rental Value

The estimated rental value for Lakeview Ln located in Headland, AL is $991/month. Comparable homes around Lakeview Ln that are rentals have monthly ranges starting as low as $890 per month and as high as $1,090 per month. An owner looking to use this property as an investment could bring a return in the area of $890 - $1,090 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Lakeview Ln
Headland, AL 36345

$193,647 EMV

Status: Inactive Listing ID: 59641162

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Lakeview-Ln-Headland-AL-36345/59641162_lid

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