3 Beds   2 Baths   1,335 Sq. Ft.   Single-Family
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Vista Grande Dr Nw
Albuquerque, NM 87120

Status: Inactive
Listing ID: 56870155

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,335
  • Lot Size: 0.18 acres
  • Year Built: 1971
  • Source ID: 200890779
  • Day(s) On Site: 199
  • Subdivision: PALISADES
  • Parcel Number: 1-011-059-406-381-1-07-14
  • Property Type: Single Family Dwelling
  • Plaintiff: Reverse Mortgage Funding, LLC
  • Defendant Name: MICHAEL SANCHEZ
  • Case Number: D-202-CV-2019-08160
  • Recording Date: 10-29-2021
  • Judgment Date: 10-12-2021
  • Trustee Name: David Washburn
  • Trustee Address: 8100 Wyoming Blvd Ne
  • Trustee City: Albuquerque
  • Trustee State: NM
  • Trustee Zip: 87113
  • Trustee Phone: (505) 318-0300
  • Deed Category: NFS

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Public Records

  • Land Area Sqft: 8,251
  • APN: 1-011-059-406381-1-07-14
  • Property Type: Single Family Residence
  • Township: CITY
  • Subdivision: PALISADES


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.


Auction Information

  • Auction Date: 12-02-2021
  • Auction Time: 10:00 AM
  • Auction Address: 400 Lomas Blvd. Nw
  • Auction City: Albuquerque

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Albuquerque, NM
Home Inspectors
AmeriSpec Inspection Services NM
Lance Ellis
AmeriSpec Inspection Services NM
James Parra
The Founded Roof, LLC/ Amerispec
Daniel Padilla
General Inspectors of Abq.
Joseph M. Lebron
MRT Home Inspections
Tyler Cole
Homes On This Street
View more homes on Vista Grande Dr Nw

Vista Grande Dr Nw
Albuquerque, NM 87120

3 Beds   2 Baths   1,335 sq. ft.   Single-Family


Status: Inactive Listing ID: 56870155

Property Information

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Public Records

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Property Description

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