$497,154 EMV

3 Beds   2 Baths   2,994 Sq. Ft.   Single-Family
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Yale St
Hemet, CA 92544

Overview

This Single-Family Preforeclosure is located at Yale St, Hemet, CA 92544. It has 3 Beds, 2 Baths , 2,994 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $497,154
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Status: Inactive
Listing ID: 57636955

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 2,994
  • Lot Size: 0.26 acres
  • Year Built: 1951
  • Source ID: 29505414
  • Day(s) On Site: 150
  • Subdivision: ACACIA GARDENS
  • Parcel Number: 445-313-061
  • Property Type: Single Family Dwelling
  • Plaintiff: U S Bank Trust Nat'L Assn
  • Defendant Name: BUBLEY, LARRY D
  • Recording Date: 03-09-2022
  • Trustee Name: PRESTIGE DEFAULT SERVICES
  • Trustee Address: 1920 Old Tustin Ave
  • Trustee City: Santa Ana
  • Trustee State: CA
  • Trustee Zip: 92705
  • Trustee Phone: (949) 427-2010
  • Trustee Reference Number: 22-5868
  • Deed Category: NOD
  • Document Number: 202200116419

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 3
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Parking Sqft: 456
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: TILE
  • Land Area Sqft: 11,325
  • Year Built: 1951
  • APN: 445-313-061
  • Property Type: Single Family Residence
  • Living Sqft: 2,994
  • Three Qtr Baths: 1
  • Garage: DETACHED
  • Subdivision: ACACIA GARDENS

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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    Loan Information

  • 1st Mortgage Date: 11-03-2006

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Rental Value

The estimated rental value for Yale St located in Hemet, CA is $1,630/month. Comparable homes around Yale St that are rentals have monthly ranges starting as low as $1,470 per month and as high as $1,790 per month. An owner looking to use this property as an investment could bring a return in the area of $1,470 - $1,790 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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Yale St
Hemet, CA 92544

3 Beds   2 Baths   2,994 sq. ft.   Single-Family

$497,154 EMV

Status: Inactive Listing ID: 57636955

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=Yale-St-Hemet-CA-92544/57636955_lid

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