2 Baths   6,000 Sq. Ft.

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Park South Dr
Bessemer, AL 35022

Status: Inactive
Listing ID: 54753704

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Property Information

  • Bathrooms: 2
  • Living Area Size: 6,000
  • Year Built: 2001
  • Source ID: 20664039
  • Subdivision: I-459 BUS PARK SOUTH
  • Plaintiff: ALIANT BANK
  • Defendant Name: JASON L LOCKRIDGE
  • Recording Book: LR2013653
  • Trustee Name: ENGEL HAIRSTON AND JOHANSON PC
  • Trustee Address: P.O. BOX 11405
  • Trustee City: BIRMINGHAM
  • Trustee State: AL
  • Trustee Zip: 35202
  • Trustee Phone: (205) 328-4600
  • Deed Category: NFS

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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Heating Type: FORCED AIR
  • Land Area Sqft: 31,080
  • Year Built: 2001
  • APN: 38-36-3-001-002.004-RR-00
  • Property Type: Industrial
  • Township: BESSEMER
  • Living Sqft: 6,000
  • Subdivision: I-459 BUS PARK SOUTH

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: 01-30-2020
  • Auction Address: THE MAIN ENTRANCE OF THE COURTHOUSE AT JEFFERSON COUNTY
  • Auction City: BIRMINGHAM

    Loan Information

  • 1st Mortgage Date: 11-13-2013

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Bessemer, AL
Home Inspectors

Joy Home Inspections
Mike Grammer
2059366360
foreclosure.com

Park South Dr
Bessemer, AL 35022

2 Baths   6,000 sq. ft.

 

Status: Inactive Listing ID: 54753704

Property Information

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Public Records

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Property Description

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Listing URL

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