1 Bath   969 Sq. Ft.
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N Birch St
Royalton, MN 56373

Status: Inactive
Listing ID: 55326197

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Property Information

  • Bathrooms: 1
  • Living Area Size: 969
  • Year Built: 1900
  • Source ID: 20840260
  • Day(s) On Site: 648
  • Subdivision: GREENS ADD 02
  • Parcel Number: 44.0348.001
  • Plaintiff: WELLS FARGO HOME MORTGAGE
  • Defendant Name: SCOTT R PFANNENSTEIN
  • Trustee Name: TROTT LAW PC
  • Trustee Address: 25 DALE STREET NORTH
  • Trustee City: SAINT PAUL
  • Trustee State: MN
  • Trustee Zip: 55102
  • Trustee Phone: (651) 209-9760
  • Trustee Reference Number: 14-1590-FC05
  • Deed Category: NFS
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Public Records

  • Baths: 1
  • Full Baths: 1
  • Exterior Wall Type: WOOD
  • Foundation Type: SLAB
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Year Built: 1900
  • APN: 44.0348.001
  • Property Type: Single Family Residence
  • Township: ROYALTON
  • Living Sqft: 969
  • Subdivision: GREENS ADD 02
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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: 05-12-2020
  • Auction Time: 10:00 AM
  • Auction Address: 213 1ST AVENUE SE
  • Auction City: LITTLE FALLS
  • Auction Zip: 56345

    Loan Information

  • 1st Mortgage Date: 10-28-2002

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Homes On This Street
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N Birch St
Royalton, MN 56373

1 Bath   969 sq. ft.

 

Status: Inactive Listing ID: 55326197

Property Information

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Public Records

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Property Description

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Listing URL

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