This is located at Cabo Dr, Los Fresnos, TX 78566. 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 , 2,782 sqft of living space.
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This property is available as a preforeclosure at Cabo Dr. Based on our analysis of the current market conditions in Los Fresnos for Cabo Dr and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Cabo Dr are updated daily along with others in Los Fresnos, Texas.
This property in Los Fresnos, TX is located in the California Crossing Ph 02 Subdivision.
The property located at Cabo Dr in Los Fresnos, TX is listed as a Preforeclosure
This listing located at Cabo Dr in Los Fresnos, TX could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.
Please take note that this property in Los Fresnos, Texas is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Los Fresnos, TX, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.
You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Los Fresnos, Texas doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.
Steps as you search for your pre-foreclosure property:
|Start Date||End Date||Listing Type||Bank Name|
|06/22/23||09/05/23||Preforeclosure||Pennymac Loan Services LLC|
|06/30/22||09/06/22||Preforeclosure||Pennymac Loan Services LLC|
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