1 Bath   864 Sq. Ft.   Single-Family
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Clinch Valley Rd
Sneedville, TN 37869

Status: Inactive
Listing ID: 56661784

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Property Information

  • Bathrooms: 1
  • Living Area Size: 864
  • Lot Size: 0.46 acres
  • Year Built: 1962
  • Source ID: 190913471
  • Day(s) On Site: 148
  • Subdivision: STANLEY MABE & TRACY SEAL
  • Parcel Number: 037073 01901
  • Property Type: Single Family Dwelling
  • Recording Date: 08-25-2021
  • Plaintiff: US Bank National Association As Trustee For Structured Asset Securities Corporation Mortgage Passthr
  • Defendant Name: TRACY A MABE AND STANLEY E MABE
  • Document Book: 436
  • Document Page: 444
  • Trustee Name: WILSON ASSOCIATES PLLC
  • Deed Category: NTS

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking Sqft: 484
  • Parking: UNFINISHED DETACHED GARAGE
  • Air Conditioning: SPLIT SYSTEM
  • Exterior Wall Type: SIDING SHEATHING
  • Foundation Type: CONTINUOUS FOOTING
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 20,037
  • Effective Year Built: 1987
  • Year Built: 1962
  • APN: 073-019.01
  • Property Type: Single Family Residence
  • Front Footage: 135
  • Depth Footage: 150
  • Living Sqft: 864
  • Garage: UNFINISHED DETACHED
  • Sewer Type: PRIVATE
  • Water Type: PRIVATE
  • Subdivision: STANLEY MABE & TRACY SEAL
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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: 09-23-2021
  • Auction Time: 10:00 AM
  • Auction Address: Hawkins County Courthouse
  • Auction City: Rogersville

    Loan Information

  • 1st Mortgage Date: 12-08-1999

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Listing History

Start Date End Date Listing Type Bank Name
09/27/21   Foreclosure
09/08/21 09/23/21 Preforeclosure US BANK
07/30/20 09/23/21 Preforeclosure

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Clinch Valley Rd
Sneedville, TN 37869

1 Bath   864 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56661784

Property Information

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Public Records

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Property Description

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Listing URL

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