1,288 Sq. Ft.   Single-Family
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Reagan St
Beaumont, TX 77706

Status: Inactive
Listing ID: 56819748

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Property Information

  • Living Area Size: 1,288
  • Lot Size: 0.22 acres
  • Year Built: 1988
  • Source ID: 165576283
  • Day(s) On Site: 82
  • Subdivision: CALDER HLND EXT ADD
  • Parcel Number: 008950-000-022200-00000-8
  • Property Type: Single Family Dwelling
  • Plaintiff: Guild Mortgage Company
  • Defendant Name: ARTIS L GILMORE
  • Recording Date: 10-14-2021
  • Trustee Address: 1201 Louisiana St
  • Trustee Name: HUGHES WATTERS & ASKANASE LLP
  • Trustee City: Houston
  • Trustee State: TX
  • Trustee Zip: 77002
  • Trustee Reference Number: 2017-002663
  • Deed Category: NTS
  • Document Number: 2021036084

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Public Records

  • No. of Stories: 1
  • Parking: ATTACHED BRICK GARAGE
  • Parking Sqft: 400
  • Construction Type: BRICK
  • Foundation Type: SLAB
  • Land Area Sqft: 9,540
  • APN: 008950-000-022200-00000-8
  • Property Type: Single Family Residence
  • Township: BEAUMONT ISD
  • Front Footage: 65
  • Depth Footage: 147
  • Living Sqft: 1,848
  • Garage: ATTACHED BRICK
  • Subdivision: CALDER HLND EXT ADD

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: 12-07-2021
  • Auction Time: 1:00 PM
  • Auction Address: 1149 Pearl St, N Door
  • Auction City: Beaumont

    Loan Information

  • 1st Mortgage Date: 07-10-2015

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Listing History

Start Date End Date Listing Type Bank Name
10/14/21 12/07/21 Preforeclosure GUILD MORTGAGE COMPANY

Homes On This Street
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Reagan St
Beaumont, TX 77706

1,288 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56819748

Property Information

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Public Records

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Property Description

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Listing URL

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