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Garden Ln,
Ferndale, MI 48220

Status: Inactive
Listing ID: 55852244

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Property Information

  • Source ID: 143081388
  • Days On Site: 191
  • Subdivision: FOREST GRV SUB
  • Parcel Number: 2533359010
  • Property Type: Land
  • Owner Name: LM HOLDINGS 1 INC
  • Recording Date: 10-13-2020
  • Document Book: 054987
  • Owner Mailing Address: 3698 MCCOMB ROCHESTER HILLS MI 483075158
  • Document Page: 000046
  • Document Number: 0000210793

Foreclosure

Properties 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

    Property Classification

  • Classification Id: BANK/LENDER-OWNED PROPERTY
  • Classification Desc: This property is owned by a bank/lender and it could be under a redemption period. You may be able to purchase it for an incredibly low price, but you'll need come back to our website often to find out when the property goes on the market - you don't want to miss out on such a great deal!

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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.

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Garden Ln
Ferndale, MI 48220

Land

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Status: Inactive Listing ID: 55852244

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Property Description

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Listing URL

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