$886,550 EMV

3 Beds   2.5 Baths
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Silvana Ln
Santa Cruz, CA 95062


This Preforeclosure is located at Silvana Ln, Santa Cruz, CA 95062. It has 3 Beds, 2.5 Baths. This property is currently in auction with an estimated market value of $886,550.
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Status: Active
Listing ID: 58592958
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Learn about Silvana Ln in Santa Cruz, CA

This property is available as a preforeclosure at Silvana Ln. Based on our analysis of the current market conditions in Santa Cruz for Silvana Ln and comparable listings, the estimated market value is $886,550. If purchased for rental purposes, the monthly rental rate could range between $2,370 and $2,890. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Silvana Ln are updated daily along with others in Santa Cruz, California. Since this property is a preforeclosure, check out our Foreclosure Timeline for Silvana Ln below to see helpful information about this listing.

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Bank Owned

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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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Rental Value

The estimated rental value for Silvana Ln located in Santa Cruz, CA is $2,630/month. Comparable homes around Silvana Ln that are rentals have monthly ranges starting as low as $2,370 per month and as high as $2,890 per month. An owner looking to use this property as an investment could bring a return in the area of $2,370 - $2,890 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Silvana Ln
Santa Cruz, CA 95062

3 Beds   2.5 Baths

$886,550 EMV

Status: Active Listing ID: 58592958

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