$60,333 EMV

3 Beds   1 Bath   1,434 Sq. Ft.
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Red Arrow Rd
Flint, MI 48507

Status: Inactive
Listing ID: 57909377

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,434
  • Year Built: 1951
  • Comments: Posted in the local newspaper
  • Day(s) On Site: 46
  • Subdivision: FARNAMWOOD
  • Case Number: 22-05639-FC01
  • Trustee Name: Brock & Scott
  • Trustee Phone: (910) 392-4988
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • Basement Sqft: 748
  • Parking: DETACHED GARAGE
  • Parking Sqft: 495
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Type: FORCED AIR
  • Land Area Sqft: 5,227
  • Year Built: 1951
  • APN: 41-29-104-048
  • Property Type: Single Family Residence
  • Township: FLINT
  • Front Footage: 45
  • Depth Footage: 114
  • Living Sqft: 1,434
  • Garage: DETACHED
  • Subdivision: FARNAMWOOD
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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: 06-22-2022
  • Auction Location: Local County Courthouse

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Rental Value

The estimated rental value for Red Arrow Rd located in Flint, MI is $1,398/month. Comparable homes around Red Arrow Rd that are rentals have monthly ranges starting as low as $1,080 per month and as high as $1,620 per month. An owner looking to use this property as an investment could bring a return in the area of $1,080 - $1,620 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
05/24/22 06/22/22 Preforeclosure CITIZENS BANK
05/10/22 06/22/22 Preforeclosure

Flint, MI
Home Inspectors
HouseCalls, LLC
Steven Norkus
586-495-4461
Homes On This Street
View more homes on Red Arrow Rd
foreclosure.com

Red Arrow Rd
Flint, MI 48507

3 Beds   1 Bath   1,434 sq. ft.

$60,333 EMV

Status: Inactive Listing ID: 57909377

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Red-Arrow-Rd-Flint-MI-48507/57909377_lid

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