Single-Family

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12th St
Sacramento, CA 95814

Status: Inactive
Listing ID: 52444202

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Property Information

  • Day(s) On Site: 944
  • Parcel Number: 006-0105-009-0000
  • Property Type: Single Family Dwelling
  • Recording Date: 04-26-2019
  • Owner First Name: 12TH & K ST MALL PARTNERS, LLC
  • Trustee Name: FIDELITY NATIONAL DEFAULT SERVICES
  • Trustee Address: 1101 INVESTMENT BLVD, SUITE 170
  • Trustee City: EL DORADO HILLS
  • Trustee State: CA
  • Trustee Zip: 95762
  • Trustee Phone: (714) 730-2727
  • Trustee Sale Number: 19-00015-2
  • Deed Category: NTS
  • Document Number: 001470
  • Page Number: 001357

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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: $11,123,490
  • Auction Date: 05-21-2019
  • Auction Time: 1:30PM
  • Auction Address: 720 9TH STREET
  • Auction City: SACRAMENTO
  • Auction State: CA

    Loan Information

  • 1st Mortgage Date: 03-14-2018

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Sacramento, CA
Home Inspectors

SacPro Home Inspections Inc.
Matt Gray
916-333-0540
HomeGuard Incorporated
Walter L. Backeroff III
916-568-7300
River City Home Inspections
Gary Ferderer
916-498-9738
Ridgeline Property Inspection, Inc
Kenneth Kelley
19167169884
HomeGuard Incorporated
Arif Baig
408-993-1900
foreclosure.com

12th St
Sacramento, CA 95814

Single-Family

 

Status: Inactive Listing ID: 52444202

Property Information

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Property Description

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Listing URL

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