4 Beds   2 Baths   816 Sq. Ft.   Single-Family

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8th Ave S
South St Paul, MN 55075

Status: Inactive
Listing ID: 55118826

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 816
  • Lot Size: 0.14 acres
  • Year Built: 1962
  • Source ID: 4430597
  • Day(s) On Site: 642
  • Subdivision: HAUSES ADD
  • Parcel Number: 363210013150
  • Property Type: Single Family Dwelling
  • Plaintiff: Fairway Independent Mortgage
  • Defendant Name: Va Xiong
  • Recording Date: 02-28-2020
  • Trustee Name: USSET, WEINGARDEN AND LIEBO
  • Trustee Address: 4500 Park Glen Rd
  • Trustee City: Minneapolis
  • Trustee State: MN
  • Trustee Zip: 55416
  • Trustee Phone: (952) 925-6888
  • Trustee Reference Number: 37 - 20-001815
  • Deed Category: NTS
  • Mortgage Balance: $199,762

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Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: UNFINISHED DETACHED GARAGE
  • Parking Sqft: 280
  • Construction Type: WOOD
  • Land Area Sqft: 6,098
  • Effective Year Built: 1984
  • Year Built: 1962
  • APN: 36-32100-13-150
  • Property Type: Single Family Residence
  • Township: SOUTH ST. PAUL
  • Garage: UNFINISHED DETACHED
  • Subdivision: HAUSES 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: 04-23-2020
  • Auction Time: 10:00 AM
  • Auction Address: Dakota County Law Enforcement Center, 1580 Highway 55, Lobby S-100
  • Auction City: Hastings

    Loan Information

  • 1st Mortgage Date: 06-19-2017
  • Mortgage Balance: $199,762

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8th Ave S
South St Paul, MN 55075

4 Beds   2 Baths   816 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 55118826

Property Information

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Public Records

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Property Description

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Listing URL

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