1,176 Sq. Ft.

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20th St N
Fargo, ND 58102

Status: Inactive
Listing ID: 56261006

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Property Information

  • Living Area Size: 1,176
  • Year Built: 1933
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. It is located in Cass County in the city of Fargo. Be ready to bid and buy at auction on 05-05-2021. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Deed Category: NFS
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Public Records

  • No. of Stories: 1
  • Land Area Sqft: 7,000
  • Year Built: 1933
  • APN: 01-3300-01890-000
  • Property Type: Single Family Residence
  • Front Footage: 50
  • Depth Footage: 140
  • Living Sqft: 1,176

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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Address: 20th St N Fargo ND 58102

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Auction Information

  • Minimum Bid: $123,134
  • Auction Date: 05-06-2021

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Fargo, ND
Home Inspectors

Nordic Home Inspection
Lars Knobloch
701-566-1446
foreclosure.com

20th St N
Fargo, ND 58102

1,176 sq. ft.

 

Status: Inactive Listing ID: 56261006

Property Information

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Public Records

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Property Description

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Listing URL

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