$249,730 EMV


3 Beds   1 Bath   991 Sq. Ft.   Single-Family

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Taylor St Ne,
Minneapolis, MN 55413

Status: Active
Listing ID: 55231581

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Notice of Public Foreclosure Auction

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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03/25/20
Notice of Foreclosure Sale
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.
03/07/20
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

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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.

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Address: Taylor St Ne Minneapolis MN 55413

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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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Minneapolis, MN
Home Inspectors

Inspectall LLC
Timothy D Gerdes
6128242236
Structure Tech Home Inspections
Scott Mahley
952-915-6466
Pillar to Post
Mark Layton
612-462-3302
Homeview Inspections
Jim Carlson
612-377-5161
Inspecta-Homes
Jesse Mueller
612-978-6706
foreclosure.com

Taylor St Ne
Minneapolis, MN 55413

3 Beds   1 Bath   991 sq. ft.   Single-Family

$249,730 EMV

Status: Active Listing ID: 55231581

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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=Taylor-St-NE-Minneapolis-MN-55413/55231581_lid

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