$156,230 EMV


1,112 Sq. Ft.   Single-Family

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Road 223
Porterville, CA 93257

Status: Inactive
Listing ID: 56657934

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Property Information

  • Living Area Size: 1,112
  • Lot Size: 0.17 acres
  • Year Built: 1965
  • Source ID: 156527009
  • Parcel Number: 240-081-004-000
  • Property Type: Single Family Dwelling
  • Plaintiff: Indymac Bank FSB
  • Defendant Name: MORRISS, DELMUS AARON
  • Recording Date: 08-24-2021
  • Trustee Name: TRUSTEE CORPS
  • Trustee Address: 17100 Gillette Ave
  • Trustee City: Irvine
  • Trustee State: CA
  • Trustee Zip: 92614
  • Trustee Phone: (916) 939-0772
  • Trustee Reference Number: CA05000867-19-1
  • Deed Category: NTS
  • Document Number: 202100061865

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Public Records

  • Construction Type: WOOD
  • Land Area Sqft: 7,214
  • Year Built: 1965
  • APN: 240-081-004
  • Property Type: Single Family Residence
  • Living Sqft: 1,112

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: 12-02-2021
  • Auction Time: 2:00 PM
  • Auction Address: 411 E Kern Avenue Tulare Ca

    Loan Information

  • 1st Mortgage Date: 08-10-2005

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Road 223
Porterville, CA 93257

1,112 sq. ft.   Single-Family

$156,230 EMV

Status: Inactive Listing ID: 56657934

Property Information

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Public Records

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Property Description

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Listing URL

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