$631,198 EMV


4 Beds   2 Baths   2,900 Sq. Ft.   Single-Family

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Ne 57th Ave
Portland, OR 97213

Status: Active
Listing ID: 56655020

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08/30/21
Notice of Foreclosure Sale
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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: Ne 57th Ave Portland OR 97213

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Portland, OR
Home Inspectors

Associated Master Inspectors, LLC Inc
Jay Hensleigh
503-236-1812
Associated Master Inspectors LLC
Toby Deming
503-236-1812
Ideal Property Inspections, LLC
Roland G. Zapata
971-219-0759
HouseGeek Home Inspection
Jeffrey Strang
5037529494
House Detective
Karen Krieger
509-713-0086
foreclosure.com

Ne 57th Ave
Portland, OR 97213

4 Beds   2 Baths   2,900 sq. ft.   Single-Family

$631,198 EMV

Status: Active Listing ID: 56655020

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