$106,242 EMV


3 Beds   2 Baths   1,386 Sq. Ft.

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Rainey Rd
Jackson, MS 39212

Status: Inactive
Listing ID: 56732819

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,386
  • Year Built: 1990
  • Source ID: 21281005
  • Days On Site: 27
  • Plaintiff: TOORAK CAPITAL PARTNERS LLC
  • Defendant Name: HGM HOLDINGS LLC
  • Recording Book: 7254
  • Trustee Name: MCCALLA RAYMER LEIBERT PIERCE LLC
  • Trustee Address: 1022 HIGHLAND COLONY PARKWAY SUITE 304
  • Trustee City: RIDGELAND
  • Trustee State: MS
  • Trustee Zip: 39157
  • Trustee Phone: (662) 388-5464
  • Trustee Reference Number: 21-01023MS
  • Deed Category: NTS

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Air Conditioning: YES
  • Exterior Wall Type: WOOD SHEATHING
  • Foundation Type: SLAB
  • Heating Type: FORCED AIR GAS
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 14,657
  • Year Built: 1990
  • APN: 008590000273000000
  • Property Type: Single Family Residence
  • Township: CITY OF CLINTON
  • Living Sqft: 1,386
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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: 10-13-2021
  • Auction Address: 407 E PASCAGOULA ST
  • Auction City: JACKSON

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 04-16-2019

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foreclosure.com

Rainey Rd
Jackson, MS 39212

3 Beds   2 Baths   1,386 sq. ft.

$106,242 EMV

Status: Inactive Listing ID: 56732819

Property Information

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Public Records

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Property Description

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Listing URL

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