3 Beds   2 Baths   1,232 Sq. Ft.   Mobile Home
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Maple Dr
Detroit Lakes, MN 56501

Status: Inactive
Listing ID: 56752585

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,232
  • Lot Size: 0.48 acres
  • Year Built: 1996
  • Source ID: 297519297
  • Day(s) On Site: 117
  • Subdivision: OAK HILLS 2ND ADD
  • Parcel Number: 491774106
  • Property Type: Mobile Home
  • Plaintiff: Wells Fargo Bank
  • Defendant Name: Vicki L. Gerdes
  • Recording Date: 09-26-2021
  • Trustee Name: TROTT LAW
  • Trustee Address: 25 Dale St N
  • Trustee City: Saint Paul
  • Trustee State: MN
  • Trustee Zip: 55102
  • Trustee Phone: (651) 209-9760
  • Trustee Reference Number: 14-0691-FC09
  • Deed Category: NTS
  • Mortgage Balance: $82,534

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: GARAGE/CARPORT
  • Parking Sqft: 624
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: VINYL
  • Foundation Type: PIER
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 20,668
  • Year Built: 1996
  • APN: R491774106
  • Property Type: Single Family Residence
  • Living Sqft: 1,232
  • Garage: GARAGE/CARPORT
  • Style: MOBILE HOME
  • Subdivision: OAK HILLS 2ND ADD

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: 11-24-2021
  • Auction Time: 1:00 PM
  • Auction Address: Becker County Sheriff's Office, Law Enforcement Center, 925 Lake Avenue
  • Auction City: Detroit Lakes

    Loan Information

  • 1st Mortgage Date: 09-17-2009
  • Mortgage Balance: $82,534

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Homes On This Street
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Maple Dr
Detroit Lakes, MN 56501

3 Beds   2 Baths   1,232 sq. ft.   Mobile Home

 

Status: Inactive Listing ID: 56752585

Property Information

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Public Records

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Property Description

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Listing URL

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