Single-Family
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S Walnut St
Chebanse, IL 60922

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Overview

This Single-Family is located at S Walnut St, Chebanse, IL 60922. 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. It has
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Status: Inactive
Listing ID: 57898402

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.00 acres
  • Source ID: 322872076
  • Day(s) On Site: 144
  • Subdivision: REBANS ADD
  • Parcel Number: 03 14 255 019
  • Property Type: Single Family Dwelling
  • Plaintiff: Midland States Bank
  • Defendant Name: ESTATE OF MARY M CUFFE DECEASED
  • Case Number: 22FC1
  • Recording Date: 07-28-2022
  • Trustee Name: HEAVNER BEYERS & MIHLAR LLC
  • Trustee Address: 601 E William St
  • Trustee City: Decatur
  • Trustee State: IL
  • Trustee Zip: 62523
  • Trustee Phone: (217) 422-1719
  • Deed Category: NFS

Potential Home Value

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Public Records

  • APN: 07-R0-03-14-255-019-0040
  • Property Type: Single Family Residence
  • Township: CHEBANSE TOWNSHIP
  • Subdivision: REBANS ADD

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: 08-17-2022
  • Auction Time: 9:00 AM
  • Auction Address: 101 E Cherry St
  • Auction City: Watseka

    AVM Analysis

  • Valuation Estimate: $119,000

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S Walnut St
Chebanse, IL 60922

Single-Family

 

Status: Inactive Listing ID: 57898402

Property Information

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Public Records

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Property Description

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Listing URL

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