2 Beds   2 Baths   1,136 Sq. Ft.
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Fairhaven Ave Ne
Salem, OR 97301

Status: Inactive
Listing ID: 56288303

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,136
  • Lot Size: 0.24 acres
  • Year Built: 1941
  • Source ID: 21154307
  • Estimated Value: $127,765
  • Day(s) On Site: 285
  • Subdivision: FAIRHAVEN
  • Assessed Value: $95,980
  • Parcel Number: 073W13AB01600
  • Defendant Name: PATRICIA MARIN ET AL
  • Plaintiff: WILMINGTON SAVINGS FUND SOCIETY FSB INC
  • Case Number: 19CV43909
  • Judgment Date: 02-04-2021
  • Last Sale Amount: $93,500
  • Last Sale Date: 04-27-2001
  • Deed Category: NTS
  •  

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: CARPORT
  • Fireplaces: YES
  • Exterior Wall Type: SIDING SHEATHING
  • Foundation Type: CONCRETE
  • Heating Type: BASEBOARD
  • Roof Material: COMPOSITION
  • Roof Type: GABLE
  • Land Area Sqft: 10,454
  • Year Built: 1941
  • APN: R73237
  • Property Type: Single Family Residence
  • Living Sqft: 1,136
  • Garage: CARPORT
  • Subdivision: FAIRHAVEN

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: 05-26-2021
  • Auction Time: 10:00 AM
  • Auction Address: 100 HIGH STREET NE
  • Auction City: SALEM

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Listing History

Start Date End Date Listing Type Bank Name
10/15/21   Foreclosure
11/05/10 02/08/11 Preforeclosure

Salem, OR
Home Inspectors
RH Property Inspection, LLC
Roger Hall
503-580-2304
Homes On This Street
View more homes on Fairhaven Ave Ne
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Fairhaven Ave Ne
Salem, OR 97301

2 Beds   2 Baths   1,136 sq. ft.

 

Status: Inactive Listing ID: 56288303

Property Information

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Public Records

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Property Description

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Listing URL

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