3 Beds   1 Bath   1,480 Sq. Ft.

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Tonka Ave
Colorado Springs, CO 80904

Status: Inactive
Listing ID: 52515167

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,480
  • Year Built: 1970
  • Source ID: 20230090
  • Day(s) On Site: 925
  • Subdivision: INDIAN HEIGHTS 03
  • Plaintiff: MID AMERICA MORTGAGE
  • Defendant Name: JAMES J FLUEGEL JR
  • Recording Date: 05-28-2019
  • Trustee Name: BARRETT FRAPPIER AND WEISSERMAN LLP
  • Trustee Address: 1199 BANNOCK STREET
  • Trustee City: DENVER
  • Trustee State: CO
  • Trustee Zip: 80204
  • Trustee Phone: (303) 350-3711
  • Trustee Reference Number: 00000008309452
  • Deed Category: NFS
  • Mortgage Balance: $157,662

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 1,000
  • Construction Type: FRAME
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: CONCRETE
  • Heating Type: FORCED AIR
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 8,300
  • Year Built: 1970
  • APN: 74024-07-013
  • Property Type: Single Family Residence
  • Living Sqft: 1,480
  • Style: RANCH
  • Subdivision: INDIAN HEIGHTS 03
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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: 09-25-2019
  • Auction Time: 10:00 AM
  • Auction Address: 105 E VERMIJO AVENUE
  • Auction City: COLORADO SPGS

    Loan Information

  • 1st Mortgage Date: 09-09-2016
  • Mortgage Balance: $157,662

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Listing History

Start Date End Date Listing Type Bank Name
07/14/21   Preforeclosure
05/28/19   Preforeclosure Mid America Mortgage, Inc.

Colorado Springs, CO
Home Inspectors

Betty-Jean Offutt
719-491-2245
Peak Home Inspections
Dylan Margerum
719-495-0042
Welcome Home Inspections
Peter T. Robberson
719-622-8808
Cardinal Services
Dan Miller
719-632-0856
Atrium Inspection Services, LLC
Walter A Kruger
719-641-1555
foreclosure.com

Tonka Ave
Colorado Springs, CO 80904

3 Beds   1 Bath   1,480 sq. ft.

 

Status: Inactive Listing ID: 52515167

Property Information

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Public Records

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Property Description

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Listing URL

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