$70,550 EMV


2 Beds   1 Bath   977 Sq. Ft.   Single-Family

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Bauman Ave,
Omaha, NE 68112

Status: Inactive
Listing ID: 55271117

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 977
  • Lot Size: 0.12 acres
  • Year Built: 1919
  • Source ID: 29260595
  • Days On Site: 204
  • Subdivision: MINNE LUSA
  • Parcel Number: 5294000017
  • Property Type: Single Family Dwelling
  • Defendant Name: DANARE ARMSTRONG
  • Recording Date: 03-26-2020
  • Trustee Name: KERRY FELD
  • Deed Category: NOD
  • Document Number: 2020028346
  •  

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 968
  • Parking: DETACHED GARAGE
  • Parking Sqft: 190
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: FRAME/STUCCO
  • Foundation Type: BLOCK
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 5,280
  • Year Built: 1919
  • APN: 1752940000
  • Property Type: Single Family Residence
  • Front Footage: 44
  • Depth Footage: 120
  • Living Sqft: 977
  • Garage: DETACHED
  • Subdivision: MINNE LUSA

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.

    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    AVM Analysis

  • Valuation Estimate: $77,000
  • Disclaimer: This AVM value is not an appraisal, it is based on previous sales in the area.

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Listing History

Start Date End Date Listing Type Bank Name
07/19/13 04/15/14 Bankruptcy


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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Omaha, NE
Home Inspectors

Home Standards Inspection Services
Steve Vacha
402-392-2020
Home Standards Inspection Services
Tim Krof
402-392-2020
National Property Inspections
Daryle Wilken
402-981-5022
Inspectix
Aaron Mainelli
402-506-5711
SRE Home Inspections
John Sutko
402-970-1340
foreclosure.com

Bauman Ave
Omaha, NE 68112

2 Beds   1 Bath   977 sq. ft.   Single-Family

$70,550 EMV

Status: Inactive Listing ID: 55271117

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Bauman-Ave-Omaha-NE-68112/55271117_lid

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