2 Baths   1,204 Sq. Ft.   Single-Family
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Leatherwood Loop
Hot Springs, AR 71901

*Rental Value Coming Soon

Overview

This Single-Family is located at Leatherwood Loop, Hot Springs, AR 71901. 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 Baths , 1,204 sqft of living space.
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Status: Inactive
Listing ID: 58933754

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Property Information

  • Bathrooms: 2
  • Living Area Size: 1,204
  • Lot Size: 0.15 acres
  • Year Built: 2010
  • Source ID: 206370915
  • Day(s) On Site: 79
  • Subdivision: HICKORY HILLS
  • Parcel Number: 200-24275-065-000
  • Property Type: Single Family Dwelling
  • Plaintiff: Summit Bank
  • Defendant Name: TROY C MOORE
  • Recording Date: 11-14-2022
  • Document Book: 3167
  • Document Page: 777
  • Trustee Name: WILSON ASSOCIATES PLLC
  • Trustee Address: 400 W Capitol Ave
  • Trustee City: Little Rock
  • Trustee State: AR
  • Trustee Zip: 72201
  • Trustee Phone: (501) 219-9388
  • Deed Category: NTS
  •  

Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking Sqft: 504
  • Parking: FINISHED ATTACHED FRAME GARAGE
  • Air Conditioning: CENTRAL
  • Construction Type: FRAME
  • Exterior Wall Type: VINYL
  • Floor Type: Type unknown
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Type: HIP
  • Year Built: 2010
  • APN: 097683
  • Property Type: Single Family Residence
  • Township: LAKESIDE OUTSIDE
  • Living Sqft: 1,204
  • Garage: FINISHED ATTACHED FRAME
  • Subdivision: HICKORY HILLS

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: 12-14-2022
  • Auction Time: 12:00 PM
  • Auction Address: The Garland County Courthouse
  • Auction City: Hot Springs

    Loan Information

  • 1st Mortgage Date: 06-15-2010

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Listing History

Start Date End Date Listing Type Bank Name
11/15/22 12/14/22 Preforeclosure
09/22/22 12/14/22 Preforeclosure SPECIALIZED LOAN SERVICING LLC

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Leatherwood Loop
Hot Springs, AR 71901

2 Baths   1,204 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 58933754

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=58933754

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