$24,500

2 Beds Single-Family

W17373 Us Highway 2, Gould City, MI 49838

Status: Inactive
Listing ID: 56034606

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Property Information

  • Price: $24,500
  • Bedrooms: 2
  • Garage: 1
  • Year Built: 1953
  • Property Description: Cabin with guest house and pole building, in Newton Township, just west of Gould City. This home, in need of some repair, features a wood stove in the living area, full bath, nice kitchen with adjacent laundry area, and two bedrooms. The guest house is one bedroom, bath, kitchen and living area, with repairs needed also. The pole building serves as a two-car detached garage, and has a concrete floor in the rear workshop area. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274
  • Comments: Sale Pending
  • Source ID: REO487560
  • Day(s) On Site: 368
  • Property Type: Single Family Dwelling

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Current Value
$24,500
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Foreclosure

Properties 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

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:

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Homes On This Street
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Us Highway 2
Gould City, MI 49838

2 Beds Single-Family

$24,500

Status: Inactive Listing ID: 56034606

Property Information

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Property Description

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Listing URL

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