3 Beds   2 Baths   1,550 Sq. Ft.   Single-Family

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Cannon Fire Dr
Katy, TX 77449

Status: Inactive
Listing ID: 56117167

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,550
  • Lot Size: 0.13 acres
  • Year Built: 2004
  • Source ID: 35410994
  • Subdivision: BEAR CRK MDWS SEC 03
  • Parcel Number: 1249250030006
  • Property Type: Single Family Dwelling
  • Plaintiff: Deutsche Bank
  • Defendant Name: ARTURO E GARCIA JR
  • Recording Date: 02-03-2021
  • Trustee Name: MACKIE WOLF
  • Deed Category: NTS
  • Mortgage Balance: $60,430
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Parking: MASONRY/BRICK GARAGE
  • Parking Sqft: 420
  • Air Conditioning: CENTRAL
  • Fireplaces: METAL
  • Exterior Wall Type: BRICK VENEER
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Land Area Sqft: 5,627
  • Year Built: 2004
  • APN: 124-925-003-0006
  • Property Type: Single Family Residence
  • Township: HARRIS COUNTY+RELATED ENTITIES
  • Living Sqft: 1,550
  • Garage: MASONRY/BRICK
  • Subdivision: BEAR CRK MDWS SEC 03
  •  

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: 04-06-2021
  • Auction Address: 9401 Knight Road
  • Auction City: Houston

    Loan Information

  • Mortgage Balance: $60,430

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Cannon Fire Dr
Katy, TX 77449

3 Beds   2 Baths   1,550 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56117167

Property Information

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Public Records

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Property Description

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Listing URL

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