Overview
This Foreclosure is located at State St, Elton, LA 70532. This property is currently bank owned.
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This property is available as a foreclosure at State St. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Elton, specifically for State St 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 State St are updated daily along with others in Elton, Louisiana, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for State St below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
There are 3 schools in the area. Nearby schools include Elton High School and Elton Elementary School.
There are plenty of activities near this property like Elton Public Library, Elton Community Center, and more.
Public transportation options include: Public bus services are limited; however, residents often utilize personal vehicles due to the close-knit layout of the town.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Elton City Park, Sam Houston Jones State Park and more.
Services available in the area include cellular and internet options.
The property located at State St in Elton, LA is listed as a Foreclosure
Properties like State St in Elton, Louisiana listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Elton, LA. The longer lenders own properties like this on State St, the more eager they become to sell, often at reduced prices.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.
Auction Information |
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Status: Active
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Active
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