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Panther Dr,
Floyd, VA 24091

Status: Inactive
Listing ID: 54860595

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Notice of Public Foreclosure Auction

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Property Information

  • Comments: Investor and homebuyer opportunity! This property is being offered at a live auction on 01-27-2020. Buy it as an investment or enjoy it as your own home. Visit Auction.com to find out where and when the auction will take place. Also, view additional photos, sales comps, rental data, title info, neighborhood reports and more. Auction.com is the nation's leading online real estate marketplace offering over 30,000 discounted residential bank-owned and foreclosure deals. Don't miss the opportunity to buy homes that offer the potential for a high return on investment. In addition to this property, Auction.com has 30 scheduled for sale at this same auction. Altogether, Auction.com has 5 properties scheduled for sale in Floyd County and 310 throughout Virginia. All properties and sale details can be found with a simple search at Auction.com. Create a free account to find similar properties, save your favorites and receive email alerts of upcoming auctions. To view the complete details of this property, click the
  • Days On Site: 25
  • Deed Category: NFS

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.

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Address: Panther Dr Floyd VA 24091

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Auction Information

  • Auction Date: 01-28-2020

    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
01/03/20 01/27/20 Preforeclosure


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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Panther Dr
Floyd, VA 24091

 

Status: Inactive Listing ID: 54860595

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Panther-Dr-Floyd-VA-24091/54860595_lid

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