$5,875

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Martin Luther King Jr Dr
Shreveport, LA 71107

*Rental Value Coming Soon

Overview

This Foreclosure is located at Martin Luther King Jr Dr, Shreveport, LA 71107. This property is currently bank owned.
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Status: Active
Listing ID: 59840696
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Learn about Martin Luther King Jr Dr in Shreveport, LA

This property is available as a foreclosure at Martin Luther King Jr Dr. Based on our analysis of the current market conditions in Shreveport for Martin Luther King Jr 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 Martin Luther King Jr Dr are updated daily along with others in Shreveport, Louisiana. Since this property is a foreclosure, check out our Foreclosure Timeline for Martin Luther King Jr Dr below to see helpful information about this listing.


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Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
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Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Martin Luther King Jr Dr in Shreveport Louisiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Martin Luther King Jr Dr
View Foreclosure Status
03/10/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $5,875. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Property Information

Foreclosure

The property located at Martin Luther King Jr Dr in Shreveport, LA is listed as a Foreclosure

Properties like Martin Luther King Jr Dr in Shreveport, Louisiana listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Shreveport, LA. The longer lenders own properties like this on Martin Luther King Jr Dr, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Auction Information

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County Information

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Listing History

Start Date End Date Listing Type Bank Name
03/23/21 05/25/21 Foreclosure

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Martin Luther King Jr Dr
Shreveport, LA 71107

$5,875

Status: Active Listing ID: 59840696

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