Single-Family

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Minna St
San Francisco, CA 94103

Status: Active
Listing ID: 56773728

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09/21/21
Notice of Default
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.
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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.

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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Listing History

Start Date End Date Listing Type Bank Name
09/21/21   Preforeclosure Arena Origination Co LLC

San Francisco, CA
Home Inspectors

PCA Inspections
Patrick Emmett
2674144009
General Contractors Inspection Service
Roger Drosd
415-822-9090
Cameron Jones
415-699-4233
Frank McCann Inspection Service
Frank McCann
415-407-8909
General Contractors Inspection Service
Burkhard Karr Jr.
415-822-9090
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Minna St
San Francisco, CA 94103

Single-Family

 

Status: Active Listing ID: 56773728

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Minna-St-San-Francisco-CA-94103/56773728_lid

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