3 Beds   2 Baths   1,869 Sq. Ft.
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S Pine Ave
Inverness, FL 34452

Overview

This Preforeclosure is located at S Pine Ave, Inverness, FL 34452. It has 3 Beds, 2 Baths , 1,869 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58178700

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,869
  • Year Built: 1971
  • Day(s) On Site: 41
  • Subdivision: INVERNESS TOWN
  • Plaintiff: US BANK
  • Defendant Name: RANDY H CLESTER
  • Case Number: 2019CA000903
  • Recording Date: 05-26-2022
  • Deed Category: NFS
  • Mortgage Balance: $72,516

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: ATTACHED MASONRY GARAGE
  • Parking Sqft: 525
  • Air Conditioning: YES
  • Fireplaces: YES
  • Construction Type: MASONRY
  • Exterior Wall Type: BRICK
  • Floor Type: CONCRETE
  • Foundation Type: CONTINUOUS FOOTING
  • Heating Fuel: ELECTRIC
  • Heating Type: HEAT PUMP
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 32,500
  • Year Built: 1971
  • APN: 20E-19S-17-0050-00620-0020
  • Property Type: Single Family Residence
  • Township: INVERNESS
  • Front Footage: 200
  • Depth Footage: 160
  • Living Sqft: 1,869
  • Garage: ATTACHED MASONRY GARAGE
  • Subdivision: INVERNESS TOWN
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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: 07-14-2022
  • Auction Time: 10:00 AM
  • Auction Location: ONLINE

    Loan Information

  • 1st Mortgage Date: 09-29-2006
  • 1st Mortgage Amount: $75,000
  • Mortgage Balance: $72,516

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S Pine Ave
Inverness, FL 34452

3 Beds   2 Baths   1,869 sq. ft.

 

Status: Inactive Listing ID: 58178700

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=S-Pine-Ave-Inverness-FL-34452/58178700_lid

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