2 Beds   1 Bath   1,016 Sq. Ft.   Single-Family
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S 8th St Apt 16
Mcallen, TX 78503

Status: Inactive
Listing ID: 56829976

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,016
  • Lot Size: 0.04 acres
  • Year Built: 1982
  • Source ID: 47734040
  • Day(s) On Site: 85
  • Subdivision: RIO DEL VALLE CONDO-SML
  • Parcel Number: R2975-00-00A-0016-00
  • Property Type: Single Family Dwelling
  • Plaintiff: Rio Del Valle Condominium Council Of Co-Owners Inc
  • Recording Date: 11-16-2021
  • Trustee Name: ATLAS & HALL LLP
  • Trustee Address: 818 Pecan Blvd
  • Trustee City: McAllen
  • Trustee State: TX
  • Trustee Zip: 78501
  • Deed Category: NTS
  • Document Number: 105323

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: BRICK
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Material: TILE
  • Roof Type: HIP
  • Land Area Sqft: 1,845
  • Year Built: 1982
  • APN: R2975-00-00A-0016-00
  • Property Type: Condominium
  • Township: HIDALGO COUNTY
  • Living Sqft: 1,016
  • Subdivision: RIO DEL VALLE CONDO-SML


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.


Auction Information

  • Auction Date: 12-07-2021
  • Auction Time: 10:00 AM
  • Auction Address: 2802 S Business Hwy 281
  • Auction City: Edinburg

    Loan Information

  • 1st Mortgage Date: 07-19-1982

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Homes On This Street
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S 8th St Apt 16
Mcallen, TX 78503

2 Beds   1 Bath   1,016 sq. ft.   Single-Family


Status: Inactive Listing ID: 56829976

Property Information

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Public Records

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Property Description

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