$191,838

2 Baths   1,700 Sq. Ft.
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Gap Meadows Dr
Sherwood, AR 72120

Status: Inactive
Listing ID: 41724179

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Property Information

  • Price: $191,838
  • Bathrooms: 2
  • Living Area Size: 1,700
  • Year Built: 2003
  • Day(s) On Site: 3009
  • Subdivision: GAP CREEK MEADOWS
  • Parcel Number: 22S0014803100
  • Owner Name: Olivia R. White
  • Recording Date: 11-01-2013
  • Default Amount: $1,250
  • Default Date: 03-01-2013
  • Document Year: 2013
  • Trustee Name: Wilson & Associates, P.L.L.C.
  • Trustee Address: 1521 Merrill Drive
  • Trustee City: Little Rock
  • Trustee Phone: (501) 219-9388
  • Trustee Reference Number: 633-237612
  • Deed Category: NTS
  • Default Date: 03-01-2013
  • Mortgage Balance: $185,075
  • Document Number: 2013079415

Potential Home Value

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Current Value
$191,838
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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: SPLIT LEVEL
  • Parking Sqft: 380
  • Parking: FINISHED ATTACHED MASONRY GARA
  • Air Conditioning: CENTRAL
  • Fireplaces: 1 STORY 1 OPENING
  • Exterior Wall Type: MASONRY
  • Floor Type: WOOD
  • Foundation Type: PIER
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: HIP
  • Land Area Sqft: 10,890
  • Year Built: 2003
  • APN: 22S-001-48-031-00
  • Property Type: Single Family Residence
  • Living Sqft: 1,700
  • Garage: FINISHED ATTACHED MASONRY
  • Subdivision: GAP CREEK MEADOWS
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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

  • Minimum Bid: $134,044
  • Auction Date: 02-04-2014
  • Auction Time: 3:30 PM
  • Auction Location: Inside the Main Entrance of the Pulaski County Courthouse

    Loan Information

  • Lender Name: Mortgage Electronic Registration Systems, Inc., as nominee for The Carroll Mortgage Group, Inc., Subchapter S Corporation, its successors and assigns
  • Mortgage Balance: $185,075
  • Mortgage Phone: (270) 689-7000
  • Mortgage Servicer: US Bank, NA
  • Mortgage Type: F

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Homes On This Street
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Gap Meadows Dr
Sherwood, AR 72120

2 Baths   1,700 sq. ft.

$191,838

Status: Inactive Listing ID: 41724179

Property Information

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Public Records

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Property Description

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Listing URL

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