THIS IS NOT AN ACTIVE DISTRESSED LISTING.
Overview
This Land is located at Proctor Ln, Saint Joseph, IL 61873. 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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This land property is available as a foreclosure at Proctor Ln. Based on our analysis of the current market conditions in Saint Joseph for Proctor Ln and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Proctor Ln are updated daily along with others in Saint Joseph, Illinois.
This property in Saint Joseph, IL is located in the Proctors First Addition Subdivision.
The property located at Proctor Ln in Saint Joseph, IL is listed as a Foreclosure
Properties like Proctor Ln in Saint Joseph, Illinois 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 in Saint Joseph, IL. The longer lenders own properties like this on Proctor Ln, the more eager they become to sell, often at reduced prices.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:
Steps as you search for your foreclosure property:
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