3 Beds   2 Baths   2,162 Sq. Ft.   Single-Family
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Pepper Ridge Ln
Spring, TX 77373

Status: Inactive
Listing ID: 49983829

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 2,162
  • Lot Size: 0.11 acres
  • Levels: 2
  • Air Conditioning: Central
  • Year Built: 2005
  • Source ID: 18731188
  • Day(s) On Site: 1764
  • Subdivision: LEXINGTON WOODS SEC 09
  • Assessed Value: $128,014
  • Parcel Number: 1234650020007
  • Property Type: Single Family Dwelling
  • Plaintiff: DEUTSCHE BANK
  • Defendant Name: LETTINA E MCCLOUD
  • Recording Date: 06-26-2017
  • Last Sale Date: 05-03-2006
  • Trustee Address: 1255 WEST 15TH STREET
  • Trustee Name: MCCARTHY HOLTHUS AND ACKERMAN LLP
  • Trustee City: PLANO
  • Trustee State: TX
  • Trustee Zip: 75075
  • Trustee Phone: (214) 291-3800
  • Trustee Reference Number: 1424155
  • Deed Category: NTS
  • Mortgage Balance: $110,400
  • Document Number: FRCL-2017-5810

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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 7
  • No. of Stories: 2
  • Parking: MASONRY/BRICK GARAGE
  • Parking Sqft: 400
  • Air Conditioning: CENTRAL
  • Fireplaces: METAL
  • Exterior Wall Type: BRICK VENEER
  • Foundation Type: SLAB
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Land Area Sqft: 5,009
  • Year Built: 2005
  • APN: 123-465-002-0007
  • Property Type: Single Family Residence
  • Township: HARRIS COUNTY+RELATED ENTITIES
  • Living Sqft: 2,162
  • Garage: MASONRY/BRICK
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: LEXINGTON WOODS SEC 09
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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: 08-01-2017
  • Auction Time: 10:00 AM
  • Auction Address: 9401 KNIGHT ROAD
  • Auction City: HOUSTON
  • Auction Zip: 77045

    Loan Information

  • 1st Mortgage Date: 04-25-2006
  • Mortgage Balance: $110,400

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Pepper Ridge Ln
Spring, TX 77373

3 Beds   2 Baths   2,162 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 49983829

Property Information

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Public Records

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Property Description

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Listing URL

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