THIS IS NOT AN ACTIVE DISTRESSED LISTING.
Overview
This Single-Family is located at Westgate Dr, Valparaiso, IN 46385. 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 3 Beds, 2 Baths , 1,974 sqft of living space.
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This single-family property is available as a foreclosure at Westgate Dr. It has 3 bedrooms, 2 bathrooms, and 1,974 square feet of living space. Based on our analysis of the current market conditions in Valparaiso for Westgate Dr and comparable listings, the estimated market value is $355,408. If purchased for rental purposes, the monthly rental rate could range between $1,600 and $1,960. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Westgate Dr are updated daily along with others in Valparaiso, Indiana.
The property located at Westgate Dr in Valparaiso, IN is listed as a Foreclosure
Properties like Westgate Dr in Valparaiso, Indiana listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Valparaiso, IN. The longer lenders own properties like this on Westgate Dr, the more eager they become to sell, often at reduced prices.Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
The estimated rental value for Westgate Dr located in Valparaiso, IN is $1,780/month. Comparable homes around Westgate Dr that are rentals have monthly ranges starting as low as $1,600 per month and as high as $1,960 per month. An owner looking to use this property as an investment could bring a return in the area of $1,600 - $1,960 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.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 09/14/22 | 10/19/22 | Preforeclosure | US Bank Trust Na Not In Its... |
| 05/27/22 | 10/19/22 | Preforeclosure | U S BANK NATIONAL ASSOCIATION |
| 06/14/21 | 01/10/22 | Preforeclosure | US Bank Trust NA |
| 10/23/19 | 10/22/20 | Tax Lien | |
| 01/31/14 | 10/28/14 | Bankruptcy |
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