THIS IS NOT AN ACTIVE DISTRESSED LISTING.
Overview
This Multi-Family is located at S 20th St, New Castle, IN 47362. It has 4 Beds, 2 Baths , 1,813 sqft of living space. This property is currently bank owned with an estimated market value of $63,155.
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Address: S 20th St New Castle IN 47362
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Auction Information |
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| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 10/10/19 | 09/17/19 | Foreclosure | |
| 08/25/19 | 09/05/19 | Preforeclosure | Lakeview Loan |
| 05/20/19 | 09/05/19 | Preforeclosure | LAKEVIEW LOAN SERVICING LLC |
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.
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. In order to take advantage of foreclosed properties there are some basic steps to be followed:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
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