$401,095 EMV

3 Beds   2 Baths   1,856 Sq. Ft.   Mobile Home
Get the Preforeclosure Address

Borchard Rd
Lake Elsinore, CA 92530


This Mobile Home Preforeclosure is located at Borchard Rd, Lake Elsinore, CA 92530. It has 3 Beds, 2 Baths , 1,856 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $401,095.
Save money on this property now.

Status: Active
Listing ID: 59613155
Interested in this property?
View More Photos
Create a Free Account

Learn about Borchard Rd in Lake Elsinore, CA

This mobile home property is available as a preforeclosure at Borchard Rd. It has 3 bedrooms, 2 bathrooms, and 1,856 square feet of living space. Based on our analysis of the current market conditions in Lake Elsinore for Borchard Rd and comparable listings, the estimated market value is $401,095. If purchased for rental purposes, the monthly rental rate could range between $1,870 and $2,530. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Borchard Rd are updated daily along with others in Lake Elsinore, California. Since this property is a preforeclosure, check out our Foreclosure Timeline for Borchard Rd below to see helpful information about this listing.

Foreclosure Timeline

Borchard Rd in Lake Elsinore California Property History

Not in Foreclosure



Bank Owned

Find out more about this property on Borchard Rd
View Foreclosure Status
Rental Chart
View Rental and Market Value
for Borchard Rd in Lake Elsinore California
View Market Value

Property Information


The property located at Borchard Rd in Lake Elsinore, CA is listed as a Preforeclosure

The process of preforelcosure with properties like Borchard Rd in Lake Elsinore, California begin 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.


Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Borchard Rd located in Lake Elsinore, CA is $2,200/month. Comparable homes around Borchard Rd that are rentals have monthly ranges starting as low as $1,870 per month and as high as $2,530 per month. An owner looking to use this property as an investment could bring a return in the area of $1,870 - $2,530 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.

Listing History

Start Date End Date Listing Type Bank Name
09/18/18 04/28/19 Foreclosure

Similar Homes Nearby Lake Elsinore, CA


Calculate monthly mortgage payments with our easy mortgage loan calculator.

Homes On This Street
View more homes on Borchard Rd

Borchard Rd
Lake Elsinore, CA 92530

3 Beds   2 Baths   1,856 sq. ft.   Mobile Home

$401,095 EMV

Status: Active Listing ID: 59613155

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL


Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2023. All Rights Reserved.