3 Beds   2 Baths   1,377 Sq. Ft.   Single-Family
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Homestead Dr W
Semmes, AL 36575

Status: Inactive
Listing ID: 54554856

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,377
  • Total Rooms: 4
  • Levels: 1
  • Year Built: 2005
  • Source ID: 20600357
  • Day(s) On Site: 786
  • Subdivision: HOMESTEAD PH 01
  • Assessed Value: $12,740
  • Parcel Number: R022702030000075.066.
  • Property Type: Single Family Dwelling
  • Plaintiff: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
  • Defendant Name: FELICIA M SIMMONS
  • Last Sale Amount: $107,200
  • Last Sale Date: 08-23-2005
  • Recording Book: 5833
  • Trustee Name: MCCALLA RAYMER LEIBERT PIERCE LLC
  • Trustee Address: 2 20TH STREET NORTH SUITE 1310
  • Trustee City: BIRMINGHAM
  • Trustee State: AL
  • Trustee Zip: 35203
  • Trustee Phone: (800) 275-7171
  • Trustee Reference Number: 9214019
  • Deed Category: NFS

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 4
  • No. of Stories: 1
  • Exterior Wall Type: BRICK/WOOD
  • Foundation Type: SLAB
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 16,440
  • Effective Year Built: 2007
  • Year Built: 2005
  • APN: R-02-27-02-03-0-000-075.066
  • Property Type: Single Family Residence
  • Living Sqft: 1,377
  • Subdivision: HOMESTEAD PH 01
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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: 12-13-2019
  • Auction Time: 11:00 AM
  • Auction Address: THE MAIN ENTRANCE OF THE COURTHOUSE AT MOBILE COUNTY
  • Auction City: MOBILE

    Loan Information

  • 1st Mortgage Date: 08-19-2005

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Listing History

Start Date End Date Listing Type Bank Name
05/11/21   Tax Lien
05/31/12 05/31/15 Tax Lien
04/30/12 05/31/12 Preforeclosure

Homes On This Street
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Homestead Dr W
Semmes, AL 36575

3 Beds   2 Baths   1,377 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 54554856

Property Information

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Public Records

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Property Description

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