1 Bath   1,264 Sq. Ft.   Single-Family

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N 1st
Merkel, TX 79536

Status: Inactive
Listing ID: 56742155

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,264
  • Lot Size: 0.24 acres
  • Year Built: 1936
  • Source ID: 166601122
  • Subdivision: COLLEGE ADD
  • Parcel Number: 29206
  • Property Type: Single Family Dwelling
  • Plaintiff: Gary Lee Corpian And Marilu Corpian
  • Defendant Name: DEXTER HULSE AND REBECCA CRAWFORD
  • Recording Date: 09-13-2021
  • Trustee Name: GEORGE D JONES
  • Trustee Address: 274 Chestnut St
  • Trustee City: Abilene
  • Trustee State: TX
  • Trustee Zip: 79602
  • Trustee Phone: (325) 673-8242
  • Deed Category: NTS
  • Document Number: 2021-20668
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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 300
  • Fireplaces: METAL
  • Exterior Wall Type: CINDER BLOCK
  • Foundation Type: PIER
  • Heating Type: WALL
  • Roof Material: TAR & GRAVEL
  • Roof Type: GABLE
  • Land Area Sqft: 10,498
  • Year Built: 1936
  • APN: 29206
  • Property Type: Single Family Residence
  • Township: TAYLOR COUNTY
  • Front Footage: 75
  • Depth Footage: 140
  • Living Sqft: 1,264
  • Garage: ATTACHED
  • Subdivision: COLLEGE ADD
  •  

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: 10-05-2021
  • Auction Time: 1:00 PM
  • Auction Address: 300 Oak St, Suite 100
  • Auction City: Abilene

    Loan Information

  • 1st Mortgage Date: 07-10-2019

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Listing History

Start Date End Date Listing Type Bank Name
09/13/21 10/05/21 Preforeclosure GARY LEE CORPIAN

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N 1st
Merkel, TX 79536

1 Bath   1,264 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56742155

Property Information

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Public Records

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Property Description

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Listing URL

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