$70,125 EMV


612 Sq. Ft.   Single-Family

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W Okabena St,
Worthington, MN 56187

Status: Inactive
Listing ID: 54721841

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Property Information

  • Living Area Size: 612
  • Lot Size: 0.00 acres
  • Year Built: 1922
  • Source ID: 298028627
  • Days On Site: 57
  • Subdivision: CLEMENTS ADD
  • Parcel Number: 31-1302-000
  • Property Type: Single Family Dwelling
  • Plaintiff: Citifinancial Services
  • Defendant Name: Lila Louise Goolsby
  • Recording Date: 12-31-2019
  • Trustee Name: Wilford, Geske & Cook
  • Trustee Address: 7616 Currell Blvd
  • Trustee City: Woodbury
  • Trustee State: MN
  • Trustee Zip: 55125
  • Trustee Phone: (651) 209-3300
  • Deed Category: NTS
  • Mortgage Balance: $64,677
  •  

Public Records

  • APN: 31-1302-000
  • Property Type: Single Family Residence
  • Subdivision: CLEMENTS 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: 02-13-2020
  • Auction Time: 10:00 AM
  • Auction Address: Sheriff's Main Office, Prairie Justice Center, 1530 Airport Road
  • Auction City: Worthington

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 11-08-2007
  • Mortgage Balance: $64,677

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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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W Okabena St
Worthington, MN 56187

612 sq. ft.   Single-Family

$70,125 EMV

Status: Inactive Listing ID: 54721841

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=W-Okabena-St-Worthington-MN-56187/54721841_lid

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