2 Beds   3 Baths   2,290 Sq. Ft.   Single-Family

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Townsend St
Birmingham, MI 48009

Status: Inactive
Listing ID: 55566021

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Property Information

  • Bedrooms: 2
  • Bathrooms: 3
  • Living Area Size: 2,290
  • Lot Size: 0.18 acres
  • Year Built: 1885
  • Source ID: 145453515
  • Day(s) On Site: 497
  • Subdivision: MERRILLS
  • Parcel Number: 1936137003
  • Property Type: Single Family Dwelling
  • Plaintiff: South Beach Finance, LLC
  • Defendant Name: RTS IV, LLC
  • Recording Date: 07-14-2020
  • Document Book: 35998
  • Document Page: 838
  • Deed Category: NTS

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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 7
  • No. of Stories: 2
  • Basement Sqft: 1,252
  • Parking Sqft: 640
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: ELECTRIC
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 7,841
  • Effective Year Built: 1981
  • Year Built: 1885
  • APN: 19-36-137-003
  • Property Type: Single Family Residence
  • Township: BIRMINGHAM
  • Front Footage: 60
  • Depth Footage: 102
  • Living Sqft: 2,289
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Sewer Type: PUBLIC
  • Subdivision: MERRILLS


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: 08-11-2020
  • Auction Time: 10:00 AM
  • Auction Address: Oakland County Courthouse
  • Auction City: Pontiac

    Loan Information

  • 1st Mortgage Date: 06-17-2005

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Birmingham, MI
Home Inspectors

Property Engineers, LLC
Christopher J. Daggy

Townsend St
Birmingham, MI 48009

2 Beds   3 Baths   2,290 sq. ft.   Single-Family


Status: Inactive Listing ID: 55566021

Property Information

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Public Records

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Property Description

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