$156,179 EMV

Get the Preforeclosure Address

Molly Dr
Birmingham, AL 35235

Overview

This is located at Molly Dr, Birmingham, AL 35235. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 58388701

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Rental Chart
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Property Information

  • Source ID: 21624582
  • Day(s) On Site: 61
  • Trustee Name: TIFFANY AND BOSCO PA
  • Trustee City: BIRMINGHAM
  • Trustee Address: 2311 HIGHLAND AVENUE SOUTH SUITE 330
  • Trustee State: AL
  • Trustee Zip: 35205
  • Trustee Phone: (205) 930-5200
  • Trustee Reference Number: 22-01606
  • Deed Category: NTS
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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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Auction Information

  • Auction Date: 09-21-2022
  • Auction Time: 11:00 AM
  • Auction Address: 716 RICHARD ARRINGTON JR BLVD N
  • Auction City: BIRMINGHAM

    Loan Information

  • 1st Mortgage Date: 11-03-2017

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Rental Value

The estimated rental value for Molly Dr located in Birmingham, AL is $1,080/month. Comparable homes around Molly Dr that are rentals have monthly ranges starting as low as $952 per month and as high as $1,241 per month. An owner looking to use this property as an investment could bring a return in the area of $952 - $1,241 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.


Birmingham, AL
Home Inspectors
Home Rite, Inc.
Scott Barnett
205-305-8937
Southern Home Inspection LLC
Jerry Kelly
2059605203
Griffith Home Analysis
Andrew Griffith
205-871-1007
Duffee Property Inspections
Stephen M. Duffee
2058353823
Oak Mountain Home Inspections, Inc.
John E. Glass
205-618-8374
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Homes On This Street
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Molly Dr
Birmingham, AL 35235

$156,179 EMV

Status: Inactive Listing ID: 58388701

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Molly-Dr-Birmingham-AL-35235/58388701_lid

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