1,568 Sq. Ft.   Mobile Home
Get the Preforeclosure Address

Doe Trl
Trafford, AL 35172

*Rental Value Coming Soon

Overview

This Mobile Home is located at Doe Trl, Trafford, AL 35172. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has , 1,568 sqft of living space.
Save money on this property now.

Status: Inactive
Listing ID: 55795356
Interested in this property?
View More Photos
Create a Free Account

Learn about Doe Trl in Trafford, AL

This mobile home property is available as a preforeclosure at Doe Trl. Based on our analysis of the current market conditions in Trafford for Doe Trl and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Doe Trl are updated daily along with others in Trafford, Alabama.


Rental Chart
View Rental and Market Value
for Doe Trl in Trafford Alabama
View Market Value

Property Information

  • Living Area Size: 1,568
  • Lot Size: 0.50 acres
  • Year Built: 2002
  • Source ID: 216173761
  • Day(s) On Site: 1274
  • Parcel Number: 28-04-18-0-000-008
  • Property Type: Mobile Home
  • Recording Date: 10-14-2020
  • Plaintiff: U.S. Bank National Association
  • Defendant Name: SHERRY M. JOHNSON, BRUCE S. JOHNSON
  • Document Book: 0666
  • Document Page: 303
  • Trustee Name: MCCALLA RAYMER LEIBERT PIERCE, LLC
  • Trustee Address: Two North Twentieth 2 20 Th Street North, Suite 1000
  • Trustee City: Birmingham
  • Trustee State: AL
  • Trustee Zip: 35203
  • Trustee Phone: (800) 275-7171
  • Deed Category: NTS
  •  

Preforeclosure

The property located at Doe Trl in Trafford, AL is listed as a Preforeclosure

This listing located at Doe Trl in Trafford, AL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Trafford, Alabama is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Trafford, AL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Trafford, Alabama doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

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.

Read more...

Auction Information

  • Auction Date: 11-06-2020
  • Auction Address: Blount County Courthouse

Loan Information

  • 1st Mortgage Date: 10-12-2001

Legal Information

Credit Information Center

County Information

Document Center

Similar Homes Nearby Trafford, AL


The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.

The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.

Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.

Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

CALCULATE
Homes On This Street
View more homes on Doe Trl
foreclosure.com

Doe Trl
Trafford, AL 35172

1,568 sq. ft.   Mobile Home

 

Status: Inactive Listing ID: 55795356

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=55795356

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.