Get the Preforeclosure Address

N 1st Ave
Durant, OK 74701

*Rental Value Coming Soon

Overview

This Preforeclosure is located at N 1st Ave, Durant, OK 74701. This property is currently in auction.
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Status: Active
Listing ID: 63806178
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Nearby Foreclosures

Homes near N 1st Ave in Durant, Oklahoma


Learn about N 1st Ave in Durant, OK

This property is available as a preforeclosure at N 1st Ave. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Durant, specifically for N 1st Ave and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on N 1st Ave 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 N 1st Ave below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

N 1st Ave in Durant Oklahoma Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on N 1st Ave
View Preforeclosure Status
07/11/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

This Property Has An Auction

Get up-to-date information and real-time property status updates:

Address: N 1st Ave Durant OK 74701

Auction Time Left

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The countdown is usually accurate but not exact. To be safe, place bids 2 hours before the bidding ends.

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 N 1st Ave in Durant Oklahoma
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Property Information

Preforeclosure

The property located at N 1st Ave in Durant, OK is listed as a Preforeclosure

This listing located at N 1st Ave 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

Legal Information

Credit Information Center

Document Center

Listing History

Start Date End Date Listing Type Bank Name
07/11/25   Preforeclosure FIRST UNITED BANK AND TRUST...

Similar Homes Nearby Durant, OK


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N 1st Ave
Durant, OK 74701

 

Status: Active Listing ID: 63806178

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