$88,350 EMV

Single-Family
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S Kansas Ave
Danville, IL 61834

Status: Active
Listing ID: 56992922

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10/25/21
Bank owned
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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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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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Danville, IL
Home Inspectors
Morgan Home Inspection, LLC
Matthew Morgan
217-304-6547
Homes On This Street
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S Kansas Ave
Danville, IL 61834

Single-Family

$88,350 EMV

Status: Active Listing ID: 56992922

Property Information

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Public Records

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Property Description

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