2 Beds   1 Bath   760 Sq. Ft.   Condo
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S 174th Pl Apt 311b
Burien, WA 98148

Status: Inactive
Listing ID: 53432690

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 760
  • Lot Size: 1.29 acres
  • Year Built: 1978
  • Source ID: 2161482
  • Day(s) On Site: 814
  • Subdivision: WEST RIDGE CONDO
  • Parcel Number: 9270750140
  • Property Type: Condo
  • Plaintiff: Bank Of America
  • Defendant Name: Michael Vollmer
  • Recording Date: 04-22-2011
  • Trustee Name: Recontrust Company
  • Trustee Address: 400 National Way
  • Trustee City: Simi Valley
  • Trustee State: CA
  • Trustee Zip: 93065
  • Trustee Phone: (800) 281-8219
  • Trustee Reference Number: 2010-156198
  • Deed Category: NTS
  • Mortgage Balance: $123,025
  • Document Number: 20110422000280
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Public Records

  • No. of Stories: 2
  • Construction Type: WOOD
  • Land Area Sqft: 56,098
  • Effective Year Built: 1985
  • Year Built: 1978
  • APN: 927075-0000
  • Property Type: Condominium
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: WEST RIDGE CONDO

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 Time: 10:00 AM
  • Auction Address: 13555 Se 36th St
  • Auction City: Bellevue

    Loan Information

  • 1st Mortgage Date: 10-12-2007
  • Mortgage Balance: $123,025

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Listing History

Start Date End Date Listing Type Bank Name
08/19/21 11/30/21 Bankruptcy

Homes On This Street
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S 174th Pl Apt 311b
Burien, WA 98148

2 Beds   1 Bath   760 sq. ft.   Condo

 

Status: Inactive Listing ID: 53432690

Property Information

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Public Records

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Property Description

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Listing URL

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