$1,163,225 EMV


4 Beds   2 Baths   2,132 Sq. Ft.   Single-Family

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Mcdonald Dr
Incline Village, NV 89451

Status: Inactive
Listing ID: 56084590

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 2,132
  • Lot Size: 0.43 acres
  • Year Built: 1977
  • Source ID: 52558111
  • Days On Site: 259
  • Parcel Number: 124-085-12
  • Property Type: Single Family Dwelling
  • Recording Date: 08-02-2021
  • Defendant Name: KAJ A HOEWE AND INGRID M HOEWE
  • Trustee Name: CLEAR RECON CORP
  • Trustee Address: 4375 Jutland Drive
  • Trustee City: San Diego
  • Trustee State: CA
  • Trustee Zip: 92117
  • Trustee Phone: (866) 931-0036
  • Trustee Reference Number: 089594-NV
  • Deed Category: NTS
  • Mortgage Balance: $754,570
  • Document Number: 5210997

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: 10-18-2021
  • Auction Time: 11:00 AM
  • Auction Address: 75 Court Street
  • Auction City: Reno

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: 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.

    Loan Information

  • 1st Mortgage Date: 05-13-2009
  • Mortgage Balance: $754,570

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
05/31/21 10/18/21 Preforeclosure

foreclosure.com

Mcdonald Dr
Incline Village, NV 89451

4 Beds   2 Baths   2,132 sq. ft.   Single-Family

$1,163,225 EMV

Status: Inactive Listing ID: 56084590

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Listing URL

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