1 Bath   1,060 Sq. Ft.
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N Highway 71
Alma, AR 72921

Status: Inactive
Listing ID: 57881395

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,060
  • Year Built: 1952
  • Source ID: 21502848
  • Day(s) On Site: 54
  • Subdivision: COUNTRY SIDE ESTATES 02
  • Plaintiff: ARVEST MORTGAGE COMPANY
  • Defendant Name: BLAKE BURNS
  • Trustee Name: TIMOTHY D PADGETT PA
  • Trustee City: TALLAHASSEE
  • Trustee Address: 6267 OLD WATER OAK RD SUITE 203
  • Trustee State: FL
  • Trustee Zip: 32312
  • Trustee Phone: (850) 422-2520
  • Deed Category: NTS

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Fireplaces: 1 STORY 1 OPENING
  • Construction Type: MASONRY
  • Exterior Wall Type: MASONRY VENEER
  • Floor Type: WOOD
  • Foundation Type: PIER
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 135,472
  • Year Built: 1952
  • APN: 165-00023-000
  • Property Type: Single Family Residence
  • Township: RURAL
  • Living Sqft: 1,060
  • Subdivision: COUNTRY SIDE ESTATES 02
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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: 05-31-2022
  • Auction Time: 01:30 PM
  • Auction Address: 300 MAIN STREET ROOM 22
  • Auction City: VAN BUREN

    Loan Information

  • 1st Mortgage Date: 04-07-2009

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Listing History

Start Date End Date Listing Type Bank Name
09/08/08 01/06/09 Preforeclosure Mortgage Electronic Registr...
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N Highway 71
Alma, AR 72921

1 Bath   1,060 sq. ft.

 

Status: Inactive Listing ID: 57881395

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=N-Highway-71-Alma-AR-72921/57881395_lid

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