Learn about Adkins Rd in Ashland, IL
This single-family
property is available as a foreclosure at Adkins Rd.
Our team of real estate experts has conducted a thorough analysis of the current market conditions in Ashland, specifically for Adkins Rd and comparable listings. Based on this expert analysis, 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, all assessed by our experienced professionals.
Properties like this one on Adkins Rd are updated daily along with others in Ashland, Illinois, ensuring you have the most current and accurate information.
Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Adkins Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Property Information
Public Records
Foreclosure
The property located at Adkins Rd in Ashland, IL is listed as a Foreclosure
Properties like Adkins Rd in Ashland, Illinois listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Ashland, IL. The longer lenders own properties like this on Adkins Rd, the more eager they become to sell, often at reduced prices.
First Steps to Buying a Foreclosure
Foreclosures often mean the original homeowner had some sort of setback that caused him to allow
his lender to take the property. Rarely does a lender want to retain possession of real estate,
so it will be motivated to move it off the books as quickly as possible. A fast turnover is what
the lender is looking for, so a big part of the marketing plan might include pricing for a quick
sale. In order to take advantage of foreclosed properties there are some basic steps to be
followed:
Read more...
Steps as you search for your foreclosure property:
- If foreclosure is complete, the property will be listed with a Realtor, in which case
you can have an open line of communication about the property as well as the opportunity
to inspect it.
- Contact the listing broker and ask for an appointment to see it. Schedule a walk
through. While in the area scout out the neighborhood to make certain the surrounding
area suits your needs.
- If foreclosure is not complete you may be able to get the information you need about the
property either from the owner or the lender.
- Consult with a professional real estate appraiser. Through their years of familiarity
with the property and the neighborhood, appraisers and real estate professionals can
supply background on property and neighborhoods. Get them to give you a ballpark
estimate of the property value.
- If the property needs repair work, have a recommended contractor give a detailed
estimate of each job that must be done.
- Decide on how much you are willing to pay for the property and stick with that price.
Never get so caught up in a property that you do not make clear decisions. Successful
bidding on foreclosed properties requires discipline and good information.
- Sometimes foreclosures have title problems that have not been cleared up. Hire a closing
attorney or title company to check the condition of the title to make certain there are
no liens remaining after the foreclosure is complete. Have the title agent issue a title
binder showing the conditions under which it will insure your interest in the title.
Real estate tax liens and homeowner association liens have priority and need to be paid
before clear title can be given.
- Have the financing for the property in place before you enter into a firm contract with
a good faith deposit, or have the contract be contingent on the financing you will need.
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain
prices. But in order to take full advantage of these opportunities you must have all your
information and take an organized approach to finding and acquiring foreclosed properties.
Find the location and property that interests you, work with the Realtor and closing agent
to learn all you can about the property, and make your offer based upon good information and
research.
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Legal Information
Credit Information Center
County Information
Document Center
Listing History
Foreclosure
08/04/25
-
Present
Status:
Active
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status:
Active
Preforeclosure
SBA CORPORATION AND RICH ECKERT
05/23/24
-
06/17/24
Status:
Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status:
Inactive
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