Single-Family
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Sundance Dr
Stanwood, MI 49346

*Rental Value Coming Soon

Overview

This Single-Family is located at Sundance Dr, Stanwood, MI 49346. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 58557584

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Property Information

  • Source ID: 21667630
  • Day(s) On Site: 92
  • Subdivision: LOST CANYON
  • Assessed Value: $38,600
  • Parcel Number: 10 042 143 000
  • Property Type: Single Family Dwelling
  • Plaintiff: AMERIFIRST FINANCIAL CORPORATION
  • Defendant Name: RUSSELL MONTGOMERY JR
  • Recording Book: 908
  • Trustee Name: SCHNEIDERMAN AND SHERMAN P C
  • Trustee Address: 23938 RESEARCH DRIVE SUITE 300
  • Trustee City: FARMINGTON HILLS
  • Trustee State: MI
  • Trustee Zip: 48335
  • Trustee Phone: (248) 539-7400
  • Deed Category: NFS
  • Mortgage Balance: $148,563

Public Records

  • APN: 5410-042-143-000
  • Property Type: Single Family Residence
  • Township: AUSTIN TWP
  • Subdivision: LOST CANYON

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: 10-05-2022
  • Auction Time: 10:00 AM
  • Auction Address: 400 ELM ST
  • Auction City: BIG RAPIDS

    Loan Information

  • 1st Mortgage Date: 12-31-2020
  • Mortgage Balance: $148,563

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Sundance Dr
Stanwood, MI 49346

Single-Family

 

Status: Inactive Listing ID: 58557584

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=Sundance-Dr-Stanwood-MI-49346/58557584_lid

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