$355,249 EMV

2 Beds   1 Bath   846 Sq. Ft.   Single-Family
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S Crown Cir
Taylorsville, UT 84129

Status: Inactive
Listing ID: 56688488

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 846
  • Lot Size: 0.18 acres
  • Year Built: 1981
  • Source ID: 183828594
  • Day(s) On Site: 131
  • Parcel Number: 21-17-236-006
  • Property Type: Single Family Dwelling
  • Recording Date: 12-03-2021
  • Plaintiff: Reverse Mortgage Funding LLC
  • Defendant Name: LEONA L FYE AND THEODORE H FYE
  • Trustee Name: HALLIDAY, WATKINS & MANN PC
  • Trustee Address: 376 E 400 S
  • Trustee City: Salt Lake City
  • Trustee State: UT
  • Trustee Zip: 84111
  • Trustee Phone: (801) 355-2886
  • Deed Category: NTS

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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: 01-12-2022
  • Auction Time: 9:45 AM
  • Auction Address: 450 S State St
  • Auction City: Salt Lake City

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Listing History

Start Date End Date Listing Type Bank Name
04/11/14 09/08/14 Preforeclosure Sun West Mortgage Co

Homes On This Street
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S Crown Cir
Taylorsville, UT 84129

2 Beds   1 Bath   846 sq. ft.   Single-Family

$355,249 EMV

Status: Inactive Listing ID: 56688488

Property Information

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Property Description

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Listing URL

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