1,214 Sq. Ft.
Get the Preforeclosure Address

N River St
Centre, AL 35960

*Rental Value Coming Soon

Overview

This is located at N River St, Centre, AL 35960. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has , 1,214 sqft of living space.
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Status: Inactive
Listing ID: 58272296

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Property Information

  • Living Area Size: 1,214
  • Year Built: 1930
  • Day(s) On Site: 141
  • Subdivision: WEBB ADD
  • Case Number: 22-04380
  • Trustee Name: Tiffany & Bosco, P.A.
  • Trustee Phone: (602) 255-6000
  • Deed Category: NTS

Public Records

  • No. of Stories: 1
  • Parking: GARAGE/CARPORT
  • Year Built: 1930
  • APN: 14-05-22-2-002-001.000
  • Property Type: Single Family Residence
  • Living Sqft: 1,214
  • Garage: GARAGE/CARPORT
  • Subdivision: WEBB 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: 09-22-2022
  • Auction Time: Between 11:00 AM and 4:00 PM local time
  • Auction Location: At the main entrance of the Courthouse at Centre, Cherokee County, Alabama

    Loan Information

  • 1st Mortgage Date: 2/27/1997
  • 1st Mortgage Amount: $64,325

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N River St
Centre, AL 35960

1,214 sq. ft.

 

Status: Inactive Listing ID: 58272296

Property Information

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Public Records

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Property Description

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Listing URL

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