Single-Family

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Saints John Rd,
Montezuma, CO 80435

Status: Inactive
Listing ID: 51391886

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Property Information

  • Source ID: 20608256
  • Days On Site: 618
  • Parcel Number: 3000761
  • Property Type: Single Family Dwelling
  • Plaintiff: WILMINGTON SAVINGS FUND SOCIETY FSB INC
  • Defendant Name: CLIFFORD J BUSSELL III
  • Trustee City: DENVER
  • Trustee Name: BARRETT FRAPPIER AND WEISSERMAN LLP
  • Trustee Address: 1391 SPEER BOULEVARD SUITE 700
  • Trustee State: CO
  • Trustee Zip: 80204
  • Trustee Phone: (303) 350-3711
  • Trustee Reference Number: 00000007568603
  • Deed Category: NFS
  • Mortgage Balance: $550,957
  • Document Number: 1178959
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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.

Auction Information

  • Auction Date: 12-20-2019
  • Auction Time: 10:00 AM
  • Auction Address: 208 LINCOLN AVENUE
  • Auction City: BRECKENRIDGE

    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

  • 1st Mortgage Date: 02-12-2007
  • Mortgage Balance: $550,957

    NEW Credit Information Center

  • Want to fix your credit before buying?: Learn how
  • Want to know your FICO score?: Click here
  • Are you the victim of identity theft?: Find out

Listing History

Start Date End Date Listing Type Bank Name
08/03/12 11/30/12 Preforeclosure ING BANK
10/27/11 02/24/12 Preforeclosure ING BANK


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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Saints John Rd
Montezuma, CO 80435

Single-Family

 

Status: Inactive Listing ID: 51391886

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Saints-John-Rd-Montezuma-CO-80435/51391886_lid

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