$6,000

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Massicot Rd
Poydras, LA 70085

*Rental Value Coming Soon

Overview

This Foreclosure is located at Massicot Rd, Poydras, LA 70085. This property is currently bank owned.
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Status: Active
Listing ID: 55377539
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Learn about Massicot Rd in Poydras, LA

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


Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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05/08/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $6,000. 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

Properties 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. The longer lenders own properties, however, 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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Homes On This Street
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Massicot Rd
Poydras, LA 70085

$6,000

Status: Active Listing ID: 55377539

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Massicot-Rd-Poydras-LA-70085/55377539_lid

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