$220,661 EMV

3 Beds   2 Baths   1,464 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Forrest Cir
Durant, OK 74701

Overview

This Single-Family Preforeclosure is located at Forrest Cir, Durant, OK 74701. It has 3 Beds 2 Baths , 1,464 sqft of living space. This property is currently in auction with an estimated market value of $220,661.
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Status: Active
Listing ID: 63773532
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Homes near Forrest Cir in Durant, Oklahoma


Learn about Forrest Cir in Durant, OK

This single-family property is available as a preforeclosure at Forrest Cir. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,464 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Durant, specifically for Forrest Cir and comparable listings. Based on this expert analysis, the estimated market value is $220,661. If purchased for rental purposes, the monthly rental rate could range between $952 and $1,241, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Forrest Cir are updated daily along with others in Durant, Oklahoma, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Forrest Cir below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Forrest Cir in Durant Oklahoma Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Forrest Cir
View Preforeclosure Status
07/03/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

Auction.com Online Auction

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Address: Forrest Cir Durant OK 74701

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To participate in the event, please visit Auction.com for more information. Whether you're looking for your next investment or a place to live, take your pick of thousands of properties available all over the country. Browse through a broad range of properties, and search by city, state, zip code or property ID.

What is the city of Durant, OK like?

Durant, Oklahoma, is known for its small-town charm and is often referred to as the Gateway to the Choctaw Nation. The city thrives on a friendly atmosphere, featuring vibrant local businesses and community events that foster a tight-knit community. Residents enjoy a slower pace of life, complemented by a variety of local parks and recreational activities.

The city boasts a rich cultural history, influenced by Native American heritage, which can be experienced through various cultural events and local attractions. With a blend of traditional amenities and modern conveniences, Durant offers residents a balanced lifestyle with easy access to both nature and urban conveniences.

Education is important in Durant, with several reputable schools and educational institutions available, including primary and secondary education. Furthermore, higher education is accessible through nearby institutions, ensuring that residents have ample opportunities for academic growth.

Outdoor enthusiasts will appreciate the many parks and recreational areas, enabling activities like hiking, fishing, and family picnics, along with local events that encourage community engagement and connection with nature.

Nearby Schools

There are 4 schools in the area. Nearby schools include Durant High School and Durant Middle School.

Durant High School
Durant Middle School
Dawson Elementary School
Calera High School

Nearby Attractions

There are plenty of activities near this property like Durant Public Library, Choctaw Event Center, and more.

Durant Public Library
Choctaw Event Center
Durant Health & Fitness Center
Bryan County Community Health Center

What kind of public transportation is there?


Public transportation options include: Greyhound Bus Lines service in Durant allows for regional travel., Local taxi and rideshare services available.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Brian E. Smith Park, Leonard Park and more.

Brian E. Smith Park
Leonard Park
Dawson Park
Willey Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

AT&T
Cox Communications
Windstream
Rental Chart
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for Forrest Cir in Durant Oklahoma
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Property Information

Preforeclosure

The property located at Forrest Cir in Durant, OK is listed as a Preforeclosure

This listing located at Forrest Cir in Durant, OK 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 Durant, Oklahoma is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Durant, OK, 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.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

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 Durant, Oklahoma doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

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

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Credit Information Center

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Rental Value

The estimated rental value for Forrest Cir located in Durant, OK is $1,080/month. Comparable homes around Forrest Cir that are rentals have monthly ranges starting as low as $952 per month and as high as $1,241 per month. An owner looking to use this property as an investment could bring a return in the area of $952 - $1,241 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/03/25   Preforeclosure
03/28/25   Preforeclosure GUILD MORTGAGE COMPANY llc

Similar Homes Nearby Durant, OK


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Forrest Cir
Durant, OK 74701

3 Beds   2 Baths   1,464 sq. ft.   Single-Family

$220,661 EMV

Status: Active Listing ID: 63773532

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Forrest-Cir-Durant-OK-74701/63773532_lid

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