4 Beds   3 Baths   1,269 Sq. Ft.   Condo
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University Ave Se Apt 102
Minneapolis, MN 55414

Overview

This Condo Preforeclosure is located at University Ave Se Apt 102, Minneapolis, MN 55414. It has 4 Beds, 3 Baths , 1,269 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 54073586

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Living Area Size: 1,269
  • Lot Size: 0.94 acres
  • Year Built: 2006
  • Source ID: 198469924
  • Day(s) On Site: 1020
  • Subdivision: CIC 1721 UNIVERSITY FLATS
  • Parcel Number: 3002923240081
  • Property Type: Condo
  • Defendant Name: Charles R. Coyle
  • Recording Date: 10-30-2019
  • Trustee Name: TROTT LAW
  • Trustee Address: 25 Dale St N
  • Trustee City: Saint Paul
  • Trustee State: MN
  • Trustee Zip: 55102
  • Trustee Phone: (651) 209-9760
  • Deed Category: NTS
  •  

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Public Records

  • Baths: 3
  • Full Baths: 3
  • Rooms: 6
  • No. of Stories: 1
  • Parking: BASEMENT GARAGE
  • Air Conditioning: YES
  • Construction Type: WOOD
  • Exterior Wall Type: BRICK
  • Heating Type: FORCED AIR
  • Roof Type: FLAT
  • Land Area Sqft: 40,920
  • Year Built: 2006
  • APN: 30-029-23-24-0081
  • Property Type: Condominium
  • Township: MINNEAPOLIS
  • Front Footage: 132
  • Depth Footage: 310
  • Living Sqft: 1,269
  • Garage: BASEMENT - 1 CAR
  • Subdivision: CIC 1721 UNIVERSITY FLATS

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: 12-16-2019
  • Auction Time: 10:00 AM
  • Auction Address: Sheriff's Office, Civil Division, Room 30, 350 South 5th Street
  • Auction City: Minneapolis

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Minneapolis, MN
Home Inspectors
Devine Inspections
Todd A Devine
612-978-1650
Structure Tech Home Inspections
Wayne Rademacher
612 464-4044
Homeview Inspections
Jim Carlson
612-377-5161
Minnesota Home Inspectors LLC
Kenneth Rowe
651-489-4633
Structure Tech Home Inspections
George Ury
952-334-7980
Homes On This Street
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University Ave Se Apt 102
Minneapolis, MN 55414

4 Beds   3 Baths   1,269 sq. ft.   Condo

 

Status: Inactive Listing ID: 54073586

Property Information

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Public Records

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Property Description

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Listing URL

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