1 Bath   1,080 Sq. Ft.
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Sfc 722
Forrest City, AR 72335

Overview

This Preforeclosure is located at Sfc 722, Forrest City, AR 72335. It has 1 Bath , 1,080 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 50819430

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,080
  • Source ID: 19301403
  • Day(s) On Site: 1586
  • Trustee Name: HUDSON AND MARSHALL
  • Trustee City: DALLAS
  • Trustee Address: 14785 PRESTON RD SUITE 1150
  • Trustee State: TX
  • Trustee Zip: 75254
  • Trustee Phone: (866) 539-4173
  • Trustee Reference Number: 2452407
  • Deed Category: NTS
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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Basement Sqft: 240
  • Parking: CARPORT
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: MASONRY
  • Floor Type: WOOD
  • Foundation Type: PIER
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT
  • Roof Type: GAMBREL
  • Land Area Sqft: 91,476
  • APN: 0001-02205-0003
  • Property Type: Single Family Residence
  • Living Sqft: 1,080
  • Garage: CARPORT
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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: 05-10-2018
  • Auction Time: 12:00 PM
  • Auction Address: 313 SOUTH IZARD ST
  • Auction City: FORREST CITY
  • Auction Zip: 72335

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Sfc 722
Forrest City, AR 72335

1 Bath   1,080 sq. ft.

 

Status: Inactive Listing ID: 50819430

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=50819430

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