1,092 Sq. Ft.

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Sherrod Ave
Florence, AL 35630

Status: Inactive
Listing ID: 56673454

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Property Information

  • Living Area Size: 1,092
  • Year Built: 1960
  • Subdivision: UNIVERSITY HEIGHTS 5-A
  • Case Number: 20-03020
  • Trustee Name: Tiffany & Bosco, P.A.
  • Trustee Phone: (602) 255-6000
  • Deed Category: NTS
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Public Records

  • Rooms: 5
  • No. of Stories: 1
  • Fireplaces: YES
  • Exterior Wall Type: WOOD
  • Foundation Type: CONTINUOUS WALL
  • Heating Type: GRAVITY
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 11,094
  • Year Built: 1960
  • APN: 24-02-03-2-002-044.000
  • Property Type: Single Family Residence
  • Township: FLORENCE
  • Front Footage: 86
  • Depth Footage: 129
  • Living Sqft: 1,092
  • Subdivision: UNIVERSITY HEIGHTS 5-A
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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

  • Minimum Bid: $49,865
  • Auction Date: 10-06-2021
  • Auction Time: Between 11:00 AM and 1:00 PM local time
  • Auction Location: At the main entrance of the Courthouse at Florence, Lauderdale County, Alabama

    Loan Information

  • 1st Mortgage Date: 11/4/2004
  • 1st Mortgage Amount: $48,500

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Florence, AL
Home Inspectors

New Day Resources LLC
Timothy D Hollis
2563662358
DEH Sales Group, LLC
David E. Henke
256-768-0721
foreclosure.com

Sherrod Ave
Florence, AL 35630

1,092 sq. ft.

 

Status: Inactive Listing ID: 56673454

Property Information

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Public Records

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Property Description

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Listing URL

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