3 Beds   2 Baths   884 Sq. Ft.   Single-Family
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W Oriole Cir
Sioux Falls, SD 57106

Status: Inactive
Listing ID: 56742857

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 884
  • Lot Size: 0.28 acres
  • Year Built: 1977
  • Source ID: 215889012
  • Day(s) On Site: 118
  • Subdivision: WEST MESA HIGHLAND ADD
  • Parcel Number: 51970
  • Property Type: Single Family Dwelling
  • Plaintiff: Idaho Housing And Finance Association
  • Defendant Name: NICHOLAS MATHISON
  • Recording Date: 10-22-2021
  • Trustee Name: HALLIDAY
  • Deed Category: NFS
  • Document Number: CIV19-003284
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Public Records

  • Bedrooms: 2
  • Baths: 3
  • Full Baths: 3
  • Rooms: 3
  • Basement Sqft: 675
  • Parking: ATTACHED GARAGE
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: MASONITE
  • Floor Type: carpet
  • Foundation Type: CONCRETE
  • Heating Type: GAS
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 14,375
  • Year Built: 1977
  • APN: 51970
  • Property Type: Single Family Residence
  • Township: SIOUX FALLS CITY
  • Living Sqft: 1,559
  • Basement Finish Type: FINISHED
  • Garage: ATTACHED
  • Style: BI-LEVEL
  • Subdivision: WEST MESA HIGHLAND ADD

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: 12-01-2021
  • Auction Time: 11:00 AM
  • Auction Address: 425 N. Dakota Ave
  • Auction City: Sioux Falls

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Listing History

Start Date End Date Listing Type Bank Name
11/30/21   Bankruptcy
09/27/21 12/01/21 Preforeclosure IDAHO HOUSING AND FINANCE A...

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W Oriole Cir
Sioux Falls, SD 57106

3 Beds   2 Baths   884 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56742857

Property Information

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Public Records

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Property Description

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Listing URL

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