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Nw Abilene Rd
Ankeny, IA 50023

Status: Inactive
Listing ID: 57338850

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Property Information

  • Source ID: 21382977
  • Day(s) On Site: 125
  • Plaintiff: VERIDIAN CREDIT UNION
  • Defendant Name: BROOKE A MCGUIRE
  • Case Number: EQCE086541
  • Trustee Name: NELSON LAW FIRM PLLC
  • Trustee Address: 23550 M AVE
  • Trustee City: GRUNDY CENTER
  • Trustee State: IA
  • Trustee Zip: 50638
  • Trustee Phone: (319) 825-6161
  • Trustee Reference Number: 22001553
  • Deed Category: NFS
  • Mortgage Balance: $290,197

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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: 03-15-2022
  • Auction Time: 10:00 AM
  • Auction Address: 222 5TH AVENUE
  • Auction City: DES MOINES
  • Auction Zip: 50309

    Loan Information

  • Mortgage Balance: $290,197

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Ankeny, IA
Home Inspectors
Mescher Home Inspections
Nick Mescher
515-289-4100
Homes On This Street
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Nw Abilene Rd
Ankeny, IA 50023

 

Status: Inactive Listing ID: 57338850

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Nw-Abilene-Rd-Ankeny-IA-50023/57338850_lid

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