Single-Family
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Valley View Dr
North Mankato, MN 56003

*Rental Value Coming Soon

Overview

This Single-Family is located at Valley View Dr, North Mankato, MN 56003. 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. It has
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Status: Inactive
Listing ID: 58692796

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.16 acres
  • Source ID: 298013986
  • Day(s) On Site: 55
  • Subdivision: VALLEY VIEW 03
  • Parcel Number: 18.853.0090
  • Property Type: Single Family Dwelling
  • Plaintiff: Phh Home Loans, LLC
  • Defendant Name: WADE A. ANDERSON AND NICOLE R. RIEMER
  • Recording Date: 09-08-2022
  • Trustee Address: 4500 Park Glen Rd
  • Trustee Name: LIEBO, WEINGARDEN, DOBIE & BARBEE, P.L.L.P
  • Trustee City: Minneapolis
  • Trustee State: MN
  • Trustee Zip: 55416
  • Trustee Phone: (952) 925-6888
  • Trustee Reference Number: 100-22-004855 FC
  • Deed Category: NTS
  • Mortgage Balance: $128,053
  •  

Public Records

  • Land Area Sqft: 6,901
  • APN: R-18.853.0090
  • Property Type: Single Family Residence
  • Subdivision: VALLEY VIEW 03

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: 10-27-2022
  • Auction Time: 10:00 AM
  • Auction Address: 501 S Minnesota Ave
  • Auction City: St Peter

    Loan Information

  • 1st Mortgage Date: 10-14-2010
  • Mortgage Balance: $128,053

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Listing History

Start Date End Date Listing Type Bank Name
08/31/22 10/03/22 Preforeclosure

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Valley View Dr
North Mankato, MN 56003

Single-Family

 

Status: Inactive Listing ID: 58692796

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=Valley-View-Dr-North-Mankato-MN-56003/58692796_lid

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