$177,500

3 Beds 3 Baths 3,276 Sq. Ft. Single-Family

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Watts St,
Harrison, AR 72601

Name: Watts St, Harrison, Arkansas 72601 | Foreclosure.com
SKU: 52039944
Price: 177500 USD

Overview

This Single-Family is located at Watts St, Harrison, AR 72601. It has 3 Beds, 3 Baths , 3,276 sqft of living space. This property is currently bank owned.
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Status: Inactive

Listing ID: 52039944

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Property Information

Price: $177,500
Bedrooms: 3
Bathrooms: 3
Full Baths: 3
Living Area Size: 3,276
Basement: Yes
Exterior: Brick
Fireplace: Yes
Heating Type: Fireplace
Air Conditioning: Central A/C
Parking: Garage - Attached
Parking Spaces: 3
Year Built: 1996
Tax Year: 2017
Subdivision: COTTONWOOD ESTATE WEST
Property Tax: $1,754
Property Type: Single Family Dwelling
MLS Number: 118005
Source Status: Under Contract

Public Records

Baths: 2.5
Full Baths: 2
Half Baths: 1
No. of Stories: 1
Basement Sqft: 1,244
Parking Sqft: 484
Parking: FINISHED ATTACHED MASONRY GARA
Air Conditioning: CENTRAL
Exterior Wall Type: MASONRY
Foundation Type: PIER
Heating Type: CENTRAL
Roof Material: ASPHALT
Roof Type: GABLE
Land Area Sqft: 16,614
Year Built: 1996
APN: 825-00300-000
Property Type: Single Family Residence
Living Sqft: 2,032
Garage: FINISHED ATTACHED MASONRY
Subdivision: COTTONWOOD ESTATE WEST

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

Data Provider

Data Provider Logo:
Data Provider Description: Fannie Mae has a wide selection of properties for sale, including single-family homes, condominiums and townhouses, which are located in a variety of neighborhoods in all corners of the United States.

Property Classification

Classification Id: Under Contract
Classification Desc: When a seller accepts an offer from a buyer on a property for a mutually agreed upon price it is typically considered "Under Contract." Even though a property is "Under Contract," it is still not "sold" until the final closing. A property can still return to the market if the agreement falls through; therefore, check the listing as frequently as possible to determine its latest status.

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County Information

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Listing History

Start Date	End Date	Listing Type	Bank Name
09/28/19	11/01/19	Foreclosure
11/16/18	12/12/18	Preforeclosure	PRIMELENDING
11/14/18	12/13/18	Preforeclosure

Learning Center

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.

First Steps to Buying a Foreclosure

Steps as you search for your foreclosure property:

If foreclosure is complete, the property will be listed with a Realtor, in which case you can have an open line of communication about the property as well as the opportunity to inspect it.
Contact the listing broker and ask for an appointment to see it. Schedule a walk through. While in the area scout out the neighborhood to make certain the surrounding area suits your needs.
If foreclosure is not complete you may be able to get the information you need about the property either from the owner or the lender.
Consult with a professional real estate appraiser. Through their years of familiarity with the property and the neighborhood, appraisers and real estate professionals can supply background on property and neighborhoods. Get them to give you a ballpark estimate of the property value.
If the property needs repair work, have a recommended contractor give a detailed estimate of each job that must be done.
Decide on how much you are willing to pay for the property and stick with that price. Never get so caught up in a property that you do not make clear decisions. Successful bidding on foreclosed properties requires discipline and good information.
Sometimes foreclosures have title problems that have not been cleared up. Hire a closing attorney or title company to check the condition of the title to make certain there are no liens remaining after the foreclosure is complete. Have the title agent issue a title binder showing the conditions under which it will insure your interest in the title. Real estate tax liens and homeowner association liens have priority and need to be paid before clear title can be given.
Have the financing for the property in place before you enter into a firm contract with a good faith deposit, or have the contract be contingent on the financing you will need.

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.

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