2 Beds   2 Baths   1,014 Sq. Ft.   Condo

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Braes Bend Dr
Houston, TX 77071

Status: Inactive
Listing ID: 40950094

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,014
  • Total Rooms: 4
  • Levels: 1
  • Air Conditioning: Central
  • Year Built: 1985
  • Source ID: 13705010
  • Estimated Value: $70,358
  • Day(s) On Site: 3025
  • Assessed Value: $37,303
  • Parcel Number: 1163570070004
  • Property Type: Condo
  • Defendant Name: ERICA R RICHARDSON
  • Last Sale Date: 03-28-2001
  • Trustee Name: TERRY SEARS
  • Trustee Address: 9700 RICHMOND AVE STE 222
  • Trustee City: HOUSTON
  • Trustee State: TX
  • Trustee Zip: 77042
  • Trustee Phone: (713) 782-1788
  • Deed Category: NTS

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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: 09-03-2013
  • Auction Address: 1115 CONGRESS STREET
  • Auction City: HOUSTON

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Listing History

Start Date End Date Listing Type Bank Name
09/13/21 10/05/21 Preforeclosure
05/22/13 07/02/13 Preforeclosure
05/16/13 06/06/13 Preforeclosure

Houston, TX
Home Inspectors

Texas Real Estate
Jonathan E. Lang
281-300-9276
Aron Inspections
Ricardo Barro-Villadoniga
832-583-6172
foreclosure.com

Braes Bend Dr
Houston, TX 77071

2 Beds   2 Baths   1,014 sq. ft.   Condo

 

Status: Inactive Listing ID: 40950094

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Property Description

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Listing URL

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