4 Beds   2 Baths   1,670 Sq. Ft.   Multi-Family

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Martin Luther King Jr Way
Seattle, WA 98122

Status: Active
Listing ID: 56662051

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08/25/21
Notice of Trustee Sale
This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.
12/08/10
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

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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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Seattle, WA
Home Inspectors

Southwest Services
Gary Moseley
206-935-9240
HK Inspections LLC.
Hugh Kelso
206 880-9041
Scout Building Inspection, Inc.
Don McFeron
206-524-8785
Pacifica Inspection
Jeffrey Tosh
206-696-4356
Pillar to Post
David McPhee
206-522-5141
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Martin Luther King Jr Way
Seattle, WA 98122

4 Beds   2 Baths   1,670 sq. ft.   Multi-Family

Active 

Status: Active Listing ID: 56662051

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=Martin-Luther-King-Jr-Way-Seattle-WA-98122/56662051_lid

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