1 Bath   1,647 Sq. Ft.

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Deep Gap Rd,
Jackson, TN 38301

Status: Inactive
Listing ID: 55892665

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,647
  • Year Built: 1931
  • Days On Site: 69
  • Defendant Name: Fred A Threet
  • Trustee Name: Charles E. Tonkin, II
  • Attorney Law Firm: Wilson & Associates, P.L.L.C
  • Attorney Name: Wilson & Associates, P.L.L.C
  • Trustee Number: T2036 1103
  • Deed Category: NFS

Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Air Conditioning: PAGE
  • Exterior Wall Type: SIDING SHEATHING
  • Foundation Type: CONTINUOUS FOOTING
  • Heating Type: PACKAGE
  • Roof Material: COMPOSITION SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 174,240
  • Year Built: 1931
  • APN: 101-007.00
  • Property Type: Single Family Residence
  • Living Sqft: 1,647
  • Sewer Type: PRIVATE
  • Water Type: PRIVATE

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.

Auction Information

  • Auction Date: 12-23-2020
  • Auction Time: 12:00 Noon
  • Auction Location: The Southwest door on the Adams Avenue entrance of the Shelby County Courthouse, 140 Adams Avenue, Memphis, Tennessee

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • 1st Mortgage Date: 12-15-2016

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
11/23/20 12/23/20 Preforeclosure MORTGAGE INVESTORS GROUP


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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Deep Gap Rd
Jackson, TN 38301

1 Bath   1,647 sq. ft.

 

Status: Inactive Listing ID: 55892665

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=Deep-Gap-Rd-Jackson-TN-38301/55892665_lid

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