3,971 Sq. Ft.   Single-Family
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Auburn Ave
Natchez, MS 39120

Status: Inactive
Listing ID: 55027160

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Property Information

  • Living Area Size: 3,971
  • Lot Size: 0.00 acres
  • Year Built: 1938
  • Source ID: 206422703
  • Day(s) On Site: 709
  • Subdivision: WOODLAND PARK ADD
  • Parcel Number: 0048 0003 0012
  • Property Type: Single Family Dwelling
  • Plaintiff: Deutsche Bank NA
  • Recording Date: 02-13-2020
  • Defendant Name: JEFFREY T WAYCASTER & JOANN A WAYCASTER
  • Document Book: 732
  • Document Page: 732
  • Trustee Name: DEAN MORRIS LLC
  • Trustee Address: 855 S Pear Orchard Rd
  • Trustee City: Ridgeland
  • Trustee State: MS
  • Trustee Zip: 39157
  • Trustee Phone: (318) 330-9020
  • Deed Category: NTS
  • Document Number: 25827203

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Public Records

  • Rooms: 9
  • Parking: WOOD FRAME GARAGE
  • Parking Sqft: 198
  • Foundation Type: TYPE UNKNOWN
  • Roof Type: GABLE
  • Land Area Sqft: 16,064
  • Year Built: 1938
  • APN: 0048-0003-0012
  • Property Type: Single Family Residence
  • Living Sqft: 2,452
  • Garage: WOOD FRAME
  • Subdivision: WOODLAND PARK ADD

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: 03-05-2020
  • Auction Time: 11:00 AM
  • Auction Address: Adams County Courthouse
  • Auction City: Natchez

    Loan Information

  • 1st Mortgage Date: 06-26-2006

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Homes On This Street
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Auburn Ave
Natchez, MS 39120

3,971 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 55027160

Property Information

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Public Records

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Property Description

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Listing URL

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