1 Bed   1 Bath   792 Sq. Ft.   Condo

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Shelard Pkwy Unit 101
Saint Louis Park, MN 55426

Status: Inactive
Listing ID: 56733830

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Property Information

  • Bedrooms: 1
  • Bathrooms: 1
  • Living Area Size: 792
  • Lot Size: 0.00 acres
  • Year Built: 1982
  • Source ID: 194509818
  • Days On Site: 65
  • Parcel Number: 01-117-22-12-0196
  • Subdivision: COACH HOMES SHELARD 02 CONDO
  • Property Type: Condo
  • Defendant Name: Elisabeth Johnston
  • Plaintiff: Shelard II Homeowners Association
  • Recording Date: 09-09-2021
  • Trustee Name: TOOHEY LAW FIRM
  • Trustee Address: 11660 Theatre Dr N
  • Trustee City: Champlin
  • Trustee State: MN
  • Trustee Zip: 55316
  • Trustee Phone: (763) 401-4120
  • Trustee Reference Number: 6009.011
  • Deed Category: NTS
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Public Records

  • Bedrooms: 1
  • Baths: 1
  • Full Baths: 1
  • Parking Sqft: 220
  • Roof Type: GABLE
  • Year Built: 1982
  • APN: 01-117-22-12-0196
  • Property Type: Condominium
  • Township: ST LOUIS PARK
  • Garage: YES
  • Subdivision: COACH HOMES SHELARD 02 CONDO

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: 10-27-2021
  • Auction Time: 10:00 AM
  • Auction Address: Hennepin County Sheriff's Office - Civil Unit, Room 30, Minneapolis City Hall, 350 South 5th St
  • Auction City: Minneapolis

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 12-30-1981

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
12/22/16 04/10/17 Bankruptcy
02/15/12 08/15/12 Preforeclosure MORTGAGE ELECTRONIC REGISTR...

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Shelard Pkwy Unit 101
Saint Louis Park, MN 55426

1 Bed   1 Bath   792 sq. ft.   Condo

 

Status: Inactive Listing ID: 56733830

Property Information

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Public Records

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Property Description

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Listing URL

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