2 Beds   1 Bath   1,088 Sq. Ft.
Get the Preforeclosure Address

Ryall St
Marseilles, IL 61341

Overview

This Preforeclosure is located at Ryall St, Marseilles, IL 61341. It has 2 Beds, 1 Bath , 1,088 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57746873

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,088
  • Lot Size: 0.21 acres
  • Comments: Auction began on 2022-06-23.
  • Source ID: 1053223
  • Day(s) On Site: 123
  • Subdivision: CLARKS ADD
  • Deed Category: NFS

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Public Records

  • APN: 15-49-405001
  • Property Type: Single Family Residence
  • Township: RUTLAND
  • Subdivision: CLARKS ADD

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: 07-06-2022

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Listing History

Start Date End Date Listing Type Bank Name
01/16/20 11/11/20 Preforeclosure Lasalle County Trustee
11/13/13 05/13/16 Tax Lien
foreclosure.com

Ryall St
Marseilles, IL 61341

2 Beds   1 Bath   1,088 sq. ft.

 

Status: Inactive Listing ID: 57746873

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=Ryall-St-Marseilles-IL-61341/57746873_lid

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