Single-Family
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Ottawa Ave
Ottawa, IL 61350

*Rental Value Coming Soon

Overview

This Single-Family is located at Ottawa Ave, Ottawa, IL 61350. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 57845419

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Property Information

  • Source ID: 293206208
  • Day(s) On Site: 221
  • Subdivision: RIVERSIDE ADD TO OTTAWA
  • Parcel Number: 21-10-429-003
  • Property Type: Single Family Dwelling
  • Recording Date: 03-30-2022
  • Owner Name: FEDERAL NATIONAL MORTGAGE ASSN
  • Owner Mailing Address: PO BOX 650043
  • Document Number: 0202204053

Public Records

  • APN: 21-10-429003
  • Property Type: Single Family Residence
  • Township: OTTAWA
  • Subdivision: RIVERSIDE ADD

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Ottawa Ave
Ottawa, IL 61350

Single-Family

 

Status: Inactive Listing ID: 57845419

Property Information

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Public Records

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Property Description

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Listing URL

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