$466,481 EMV

3 Beds   3 Baths   2,704 Sq. Ft.
Get the Preforeclosure Address

Mill Creek Rd
Walla Walla, WA 99362

Overview

This Preforeclosure is located at Mill Creek Rd, Walla Walla, WA 99362. It has 3 Beds, 3 Baths , 2,704 sqft of living space. This property is currently in auction with an estimated market value of $466,481.
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Status: Active
Listing ID: 58698137

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
03/30/22
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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Address: Mill Creek Rd Walla Walla WA 99362

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Rental Value

The estimated rental value for Mill Creek Rd located in Walla Walla, WA is $1,900/month. Comparable homes around Mill Creek Rd that are rentals have monthly ranges starting as low as $1,620 per month and as high as $2,180 per month. An owner looking to use this property as an investment could bring a return in the area of $1,620 - $2,180 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
03/30/22   Preforeclosure

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Homes On This Street
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Mill Creek Rd
Walla Walla, WA 99362

3 Beds   3 Baths   2,704 sq. ft.

$466,481 EMV

Status: Active Listing ID: 58698137

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Mill-Creek-Rd-Walla-Walla-WA-99362/58698137_lid

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