$79,305 EMV


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W Houston Ave
Seadrift, TX 77983

Status: Inactive
Listing ID: 56723008

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Property Information

  • Source ID: 21276502
  • Days On Site: 27
  • Plaintiff: LRF INVESTMENTS INC
  • Defendant Name: RAMOS ISRAEL
  • Recording Date: 09-14-2021
  • Trustee Name: CARLY W WALL
  • Trustee Address: 2206 N HIGHWAY 35
  • Trustee City: PORT LAVACA
  • Trustee State: TX
  • Trustee Zip: 77979
  • Trustee Phone: (361) 552-2971
  • Deed Category: NFS

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: 10-05-2021
  • Auction Time: 10:00 AM
  • Auction Address: 211 SOUTH ANN STREET
  • Auction City: PORT LAVACA

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • 1st Mortgage Date: 03-31-2017

    NEW Credit Information Center

  • Want to fix your credit before buying?: Learn how
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W Houston Ave
Seadrift, TX 77983

$79,305 EMV

Status: Inactive Listing ID: 56723008

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=W-Houston-Ave-Seadrift-TX-77983/56723008_lid

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