$86,530 EMV


3 Beds   2 Baths   992 Sq. Ft.   Single-Family

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King Ave,
Lewiston, ME 04240

Status: Inactive
Listing ID: 54580770

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 992
  • Lot Size: 0.11 acres
  • Year Built: 1922
  • Source ID: 210737633
  • Day(s) On Site: 42
  • Subdivision: MAIN STREET PARK
  • Parcel Number: M:170 L:109
  • Property Type: Single Family Dwelling
  • Plaintiff: Village Capital & Investment, LLC
  • Defendant Name: John L. Prout II
  • Case Number: LEWDC-RE-17-105
  • Recording Date: 12-03-2019
  • Trustee Name: Bendett & McHugh, P.C.
  • Trustee Address: 30 Danforth St
  • Trustee City: Portland
  • Trustee State: ME
  • Trustee Zip: 04101
  • Deed Category: NFS
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Public Records

  • Land Area Sqft: 4,500
  • APN: 38740-00-010461
  • Property Type: Single Family Residence
  • Township: LEWISTON CITY
  • Front Footage: 45
  • Depth Footage: 100
  • Subdivision: MAIN STREET PARK
  •  

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: 01-07-2020
  • Auction Time: 10:00 AM

    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.

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Listing History

Start Date End Date Listing Type Bank Name
02/21/19 01/07/20 Preforeclosure VILLAGE CAPITAL AND INVESTM...


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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King Ave
Lewiston, ME 04240

3 Beds   2 Baths   992 sq. ft.   Single-Family

$86,530 EMV

Status: Inactive Listing ID: 54580770

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=King-Ave-Lewiston-ME-04240/54580770_lid

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