Get the Preforeclosure Address

Wellington Cres
Mount Clemens, MI 48043

*Rental Value Coming Soon

Overview

This is located at Wellington Cres, Mount Clemens, MI 48043. 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.
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Status: Inactive
Listing ID: 58484078

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Property Information

  • Source ID: 21649462
  • Day(s) On Site: 103
  • Subdivision: SEMINOLE HILLS
  • Defendant Name: MARK WILLIAM DICKERSON
  • Plaintiff: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
  • Trustee Name: TROTT LAW PC
  • Trustee City: FARMINGTON HILLS
  • Trustee Address: 31440 NORTHWESTERN HIGHWAY SUITE 145
  • Trustee State: MI
  • Trustee Zip: 48334
  • Trustee Phone: (248) 642-2515
  • Deed Category: NFS
  • Mortgage Balance: $248,771
  •  

Public Records

  • Land Area Sqft: 17,424
  • APN: 11-14-352-020
  • Property Type: Single Family Residence
  • Township: MOUNT CLEMENS
  • Subdivision: SEMINOLE HILLS
  •  

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: 09-16-2022
  • Auction Time: 10:00 AM
  • Auction Address: 40 NORTH MAIN STREET
  • Auction City: MOUNT CLEMENS

    Loan Information

  • 1st Mortgage Date: 01-21-2022
  • Mortgage Balance: $248,771

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Listing History

Start Date End Date Listing Type Bank Name
08/24/22 09/09/22 Preforeclosure
08/19/22 09/16/22 Preforeclosure United Wholesale Mortgage LLC

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Wellington Cres
Mount Clemens, MI 48043

 

Status: Inactive Listing ID: 58484078

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=Wellington-Cres-Mount-Clemens-MI-48043/58484078_lid

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