$211,582 EMV

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Waterford Ln
Calera, AL 35040

Overview

This Preforeclosure is located at Waterford Ln, Calera, AL 35040. This property is currently in auction with an estimated market value of $211,582.
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Status: Inactive
Listing ID: 57773822

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Property Information

  • Year Built: 2005
  • Source ID: 21527981
  • Day(s) On Site: 116
  • Trustee Name: TIFFANY AND BOSCO PA
  • Subdivision: WATERFORD HIGHLANDS SEC 04 PH
  • Trustee Address: 2311 HIGHLAND AVENUE SOUTH SUITE 330
  • Trustee City: BIRMINGHAM
  • Trustee State: AL
  • Trustee Zip: 35205
  • Trustee Phone: (205) 930-5200
  • Trustee Reference Number: 22-40272
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Land Area Sqft: 9,583
  • Year Built: 2005
  • APN: 22-8-34-1-005-009-000
  • Property Type: Single Family Residence
  • Township: CALERA
  • Front Footage: 60
  • Depth Footage: 155
  •  
  • Subdivision: WATERFORD HIGHLANDS SEC 04 PH

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: 08-01-2022
  • Auction Time: 11:00 AM
  • Auction Address: 112 NORTH MAIN STREET
  • Auction City: COLUMBIANA

    Loan Information

  • 1st Mortgage Date: 10-20-2005

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Rental Value

The estimated rental value for Waterford Ln located in Calera, AL is $1,211/month. Comparable homes around Waterford Ln that are rentals have monthly ranges starting as low as $1,090 per month and as high as $1,378 per month. An owner looking to use this property as an investment could bring a return in the area of $1,090 - $1,378 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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Waterford Ln
Calera, AL 35040

$211,582 EMV

Status: Inactive Listing ID: 57773822

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=Waterford-Ln-Calera-AL-35040/57773822_lid

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