$14,490

2 Beds   1 Bath   Single-Family
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S 4th St
Farmington, IA 52626

Potential Profit

$51,555

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Status: Inactive
Listing ID: 56922292

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Property Information

  • Price: $14,490
  • Bedrooms: 2
  • Bathrooms: 1
  • Full Baths: 1
  • Basement: Yes
  • Total Square Feet: 1,080
  • Lot Size: 0.2 acres
  • Style: Ranch
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 1966
  • Comments: Listing Status: Pending
  • Source ID: 641945
  • Day(s) On Site: 69
  • Subdivision: FARMINGTON
  • School District: Outside School District
  • Property Type: Single Family Dwelling
  •  

Potential Home Value

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Current Value
$14,490
Potential Value
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Public Records

  • Bedrooms: 2
  • Rooms: 5
  • Air Conditioning: YES
  • Exterior Wall Type: ALUMINUM
  • Foundation Type: CONCRETE BLOCK
  • Roof Material: ASPHALT
  • Land Area Sqft: 8,759
  • Year Built: 1966
  • APN: 721602235120
  • Property Type: Single Family Residence
  • Subdivision: FARMINGTON
  •  

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Homes On This Street
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S 4th St
Farmington, IA 52626

2 Beds   1 Bath   Single-Family

$14,490

Status: Inactive Listing ID: 56922292

Property Information

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Public Records

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Property Description

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Listing URL

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