2 Baths   1,050 Sq. Ft.   Single-Family
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Elder Dr
Springfield, TN 37172

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Overview

This Single-Family is located at Elder Dr, Springfield, TN 37172. 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 2 Baths , 1,050 sqft of living space.
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Status: Inactive
Listing ID: 40682923

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,050
  • Lot Size: 0.24 acres
  • Levels: 1
  • Year Built: 1998
  • Source ID: 13620036
  • Estimated Value: $90,223
  • Day(s) On Site: 3345
  • Subdivision: CROSS CREEK SEC 01
  • Assessed Value: $26,000
  • Parcel Number: 092A A 02900 000
  • Property Type: Single Family Dwelling
  • Plaintiff: FARMERS BANK
  • Defendant Name: MAYLE WILLIAM N
  • Last Sale Amount: $74,000
  • Last Sale Date: 02-23-1998
  • Trustee Name: WILSON AND ASSOCIATES PLLC
  • Trustee Address: 1521 MERRILL DRIVE SUITE D-220
  • Trustee City: LITTLE ROCK
  • Trustee State: AR
  • Trustee Zip: 72211
  • Trustee Phone: (501) 219-9388
  • Deed Category: NTS
  • Mortgage Balance: $74,000
  • Document Number: 1286-173083
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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Air Conditioning: SPLIT SYSTEM
  • Exterior Wall Type: SIDING SHEATHING
  • Foundation Type: CONTINUOUS FOOTING
  • Heating Fuel: GAS PUBLIC/PIPED
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 10,454
  • Year Built: 1998
  • APN: 092A-A-029.00
  • Property Type: Single Family Residence
  • Front Footage: 70
  • Depth Footage: 150
  • Living Sqft: 1,050
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: CROSS CREEK SEC 01
  •  

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: 08-28-2013
  • Auction Time: 03:00 PM
  • Auction Address: AT THE ROBERTSON COUNTY COURTHOUSE
  • Auction City: SPRINGFIELD

    Loan Information

  • Mortgage Balance: $74,000

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Elder Dr
Springfield, TN 37172

2 Baths   1,050 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 40682923

Property Information

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Public Records

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Property Description

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Listing URL

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