3 Beds   3 Baths   2,430 Sq. Ft.

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S Severn Ln,
Sioux Falls, SD 57106

Status: Inactive
Listing ID: 56288623

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Property Information

  • Bedrooms: 3
  • Bathrooms: 3
  • Living Area Size: 2,430
  • Year Built: 1988
  • Source ID: 21154303
  • Days On Site: 66
  • Subdivision: SILVER VALLEY ADD
  • Defendant Name: STEPHEN RACZYNSKI
  • Plaintiff: WILMINGTON SAVINGS FUND FSB
  • Case Number: CIV18-003774
  • Deed Category: NFS
  • Mortgage Balance: $151,101
  •  

Public Records

  • Bedrooms: 3
  • Baths: 3
  • Full Baths: 3
  • Rooms: 8
  • Basement Sqft: 750
  • Parking: ATTACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: WOOD SIDING
  • Floor Type: carpet
  • Foundation Type: CONCRETE
  • Heating Type: GAS
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 16,988
  • Year Built: 1988
  • APN: 46681
  • Property Type: Agricultural
  • Township: SIOUX FALLS CITY
  • Living Sqft: 2,430
  • Basement Finish Type: FINISHED
  • Garage: ATTACHED
  • Style: SPLIT LEVEL
  • Subdivision: SILVER VALLEY ADD
  •  

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: 05-12-2021
  • Auction Time: 11:00 AM
  • Auction Address: 320 W 4TH ST
  • Auction City: SIOUX FALLS
  • Auction Zip: 57104

    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.

    Loan Information

  • Mortgage Balance: $151,101

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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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S Severn Ln
Sioux Falls, SD 57106

3 Beds   3 Baths   2,430 sq. ft.

 

Status: Inactive Listing ID: 56288623

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=S-Severn-Ln-Sioux-Falls-SD-57106/56288623_lid

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