1 Bath   927 Sq. Ft.   Condo

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Ne Simpson St
Portland, OR 97218

Status: Inactive
Listing ID: 56655891

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Property Information

  • Bathrooms: 1
  • Living Area Size: 927
  • Heating Type: Forced Air
  • Source ID: 21259048
  • Days On Site: 55
  • Estimated Value: $157,780
  • Assessed Value: $59,610
  • Parcel Number: R771100250
  • Property Type: Condo
  • Case Number: 17cv24456
  • Plaintiff: WILMINGTON SAVINGS FUND SOCIETY FSB INC
  • Defendant Name: LAND BARONNESS CORPORATION
  • Trustee Name: JAMES A CRAFT
  • Trustee City: SCOTTSDALE
  • Trustee Address: 15059 N SCOTTSDALE RD #600
  • Trustee State: AZ
  • Trustee Zip: 85250
  • Trustee Phone: (602) 778-3613
  • Deed Category: NFS

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: 12:00 PM
  • Auction Address: 4735 E BURNSIDE ST
  • Auction City: PORTLAND

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • 1st Mortgage Date: 09-01-2005

    NEW Credit Information Center

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Portland, OR
Home Inspectors

Mark Lindgren
503-236-1812
Blue Ribbon Home Inspections
Scott R Spaulding
503-765-8100
Associated Master Inspectors, LLC Inc
Jay Hensleigh
503-236-1812
Associated Master Inspectors LLC
Toby Deming
503-236-1812
Walker Inspection Service
Susan Walker
503-740-8267
foreclosure.com

Ne Simpson St
Portland, OR 97218

1 Bath   927 sq. ft.   Condo

 

Status: Inactive Listing ID: 56655891

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Listing URL

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