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S Seneca Way
Gilbert, AZ 85297

*Rental Value Coming Soon

Overview

This Preforeclosure is located at S Seneca Way, Gilbert, AZ 85297. This property is currently in auction.
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Status: Active
Listing ID: 59950913
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Learn about S Seneca Way in Gilbert, AZ

This property is available as a preforeclosure at S Seneca Way. Based on our analysis of the current market conditions in Gilbert for S Seneca Way and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at S Seneca Way are updated daily along with others in Gilbert, Arizona. Since this property is a preforeclosure, check out our Foreclosure Timeline for S Seneca Way below to see helpful information about this listing.


Foreclosure Timeline

S Seneca Way in Gilbert Arizona Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on S Seneca Way
View Foreclosure Status
10/16/17
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

Preforeclosure

The property located at S Seneca Way in Gilbert, AZ is listed as a Preforeclosure

The process of preforelcosure with properties like S Seneca Way in Gilbert, Arizona begin 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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S Seneca Way
Gilbert, AZ 85297

 

Status: Active Listing ID: 59950913

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Listing URL

https://static.foreclosure.com/listing/address.html?address=S-Seneca-Way-Gilbert-AZ-85297/59950913_lid

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