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Passing Sky Dr
Colorado Springs, CO 80911

Status: Inactive
Listing ID: 54823812

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Property Information

  • Source ID: 21111390
  • Day(s) On Site: 857
  • Parcel Number: 55072-02-007
  • Plaintiff: WELLS FARGO BANK NA
  • Defendant Name: MAURICE L ELLIOTT
  • Trustee Name: JANEWAY LAW FIRM PC
  • Trustee Address: 9800 S MERIDIAN BLVD SUITE 400
  • Trustee City: ENGLEWOOD
  • Trustee State: CO
  • Trustee Zip: 80112
  • Trustee Phone: (303) 706-9990
  • Trustee Reference Number: 19-023709
  • Deed Category: NFS
  • Mortgage Balance: $208,423
  • Document Number: 220006302

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Public Records

  • Land Area Sqft: 6,986
  • APN: 55072-02-007
  • Property Type: Vacant


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.


Auction Information

  • Auction Date: 05-12-2021
  • Auction Time: 10:00 AM
  • Auction Address: 1675 GARDEN OF THE GODS ROAD STE 1019
  • Auction City: COLORADO SPRINGS

    Loan Information

  • 1st Mortgage Date: 05-12-2011
  • Mortgage Balance: $208,423

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Colorado Springs, CO
Home Inspectors
Ground Floor Home Inspection, LLC
Christopher Kjeldsen
Brick & Mortar Home Inspections, Inc.
Mark Baxley
Ideal Advantage Home Inspections
Joe Gardino Jr.
Betty-Jean Offutt
Reliable Home Inspection
Ken Carpenter
Homes On This Street
View more homes on Passing Sky Dr

Passing Sky Dr
Colorado Springs, CO 80911


Status: Inactive Listing ID: 54823812

Property Information

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Public Records

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Property Description

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