$408,050 EMV


4 Beds   3.5 Baths   2,317 Sq. Ft.   Single-Family

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Waterman Way
Colorado Springs, CO 80922

Status: Inactive
Listing ID: 54476731

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Living Area Size: 2,317
  • Year Built: 2000
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 2,317 square feet property features 4 beds and 3.5 baths. It is located in El Paso County in the city of Colorado Springs. Be ready to bid and buy at auction on 11-17-2021. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Days On Site: 740
  • Subdivision: NORTHCREST HEIGHTS FLG 01
  • Property Type: Single Family Dwelling
  • Deed Category: NFS

Public Records

  • Bedrooms: 4
  • Baths: 3.5
  • Full Baths: 3
  • Half Baths: 1
  • Rooms: 8
  • No. of Stories: 2
  • Basement Sqft: 694
  • Parking: BUILT-IN GARAGE
  • Parking Sqft: 462
  • Fireplaces: YES
  • Construction Type: FRAME
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: CONCRETE
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 8,351
  • Year Built: 2000
  • APN: 53322-18-010
  • Property Type: Single Family Residence
  • Living Sqft: 2,317
  • Garage: BUILT IN
  • Style: MULTI-LEVEL
  • Subdivision: NORTHCREST HEIGHTS FLG 01

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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Address: Waterman Way Colorado Springs CO 80922

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Auction Information

  • Minimum Bid: $0
  • Auction Date: 11-17-2021

    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.

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Colorado Springs, CO
Home Inspectors

BPG Inspection LLC
Dana Aderman
7196340669
Peak Home Inspections
Dylan Margerum
719-495-0042
Prime Home Inspection
Stewart Ritter
719-494-5313
Cardinal Services
Dan Miller
719-632-0856
Brick & Mortar Home Inspections, Inc.
Mark Baxley
719-648-2835
foreclosure.com

Waterman Way
Colorado Springs, CO 80922

4 Beds   3.5 Baths   2,317 sq. ft.   Single-Family

$408,050 EMV

Status: Inactive Listing ID: 54476731

Property Information

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