$336,490 EMV

1 Bath   Single-Family
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River Rd
Lebanon, ME 04027

Overview

This Single-Family Preforeclosure is located at River Rd, Lebanon, ME 04027. It has 1 Bath This property is currently in auction with an estimated market value of $336,490.
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Status: Active
Listing ID: 59134583
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Learn about River Rd in Lebanon, ME

This single-family property is available as a preforeclosure at River Rd. Based on our analysis of the current market conditions in Lebanon for River Rd and comparable listings, the estimated market value is $336,490. If purchased for rental purposes, the monthly rental rate could range between $1,100 and $1,660. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at River Rd are updated daily along with others in Lebanon, Maine. Since this property is a preforeclosure, check out our Foreclosure Timeline for River Rd below to see helpful information about this listing.


Foreclosure Timeline

River Rd in Lebanon Maine Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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Property Information

Preforeclosure

The property located at River Rd in Lebanon, ME is listed as a Preforeclosure

The process of preforelcosure with properties like River Rd in Lebanon, Maine begin 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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Rental Value

The estimated rental value for River Rd located in Lebanon, ME is $1,380/month. Comparable homes around River Rd that are rentals have monthly ranges starting as low as $1,100 per month and as high as $1,660 per month. An owner looking to use this property as an investment could bring a return in the area of $1,100 - $1,660 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.

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River Rd
Lebanon, ME 04027

1 Bath   Single-Family

$336,490 EMV

Status: Active Listing ID: 59134583

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=River-Rd-Lebanon-ME-04027/59134583_lid

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