3 Beds   2 Baths   1,998 Sq. Ft.   Single-Family

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W Cedar St
Gunter, TX 75058

Status: Inactive
Listing ID: 36979865

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,998
  • Lot Size: 0.8 acres
  • Year Built: 1984
  • Source ID: 12162940
  • Estimated Value: $86,751
  • Subdivision: GUNTER SUPPL ADD
  • Assessed Value: $95,811
  • Parcel Number: 151751
  • Property Type: Single Family Dwelling
  • Plaintiff: JPMORGAN CHASE BANK NA
  • Defendant Name: JOHN KJAER
  • Last Sale Date: 11-22-2011
  • Recording Book: 23122
  • Trustee Name: HOLLY CARTER
  • Trustee Address: 4302 64TH ST
  • Trustee City: LUBBOCK
  • Trustee State: TX
  • Trustee Zip: 79413
  • Trustee Phone: (806) 798-9850
  • Deed Category: NTS
  • Mortgage Balance: $85,714
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Public Records

  • Parking: CARPORT
  • Land Area Sqft: 34,848
  • Effective Year Built: 1994
  • Year Built: 1984
  • APN: 151751
  • Property Type: Single Family Residence
  • Township: GRAYSON COUNTY
  • Front Footage: 132
  • Depth Footage: 303
  • Living Sqft: 1,998
  • Garage: CARPORT
  • Subdivision: GUNTER SUPPL 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: 12-04-2012

    Loan Information

  • 1st Mortgage Date: 11-17-2011
  • Mortgage Balance: $85,714

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W Cedar St
Gunter, TX 75058

3 Beds   2 Baths   1,998 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 36979865

Property Information

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Public Records

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Property Description

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Listing URL

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