Single-Family

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4th St,
Newport, MI 48166

Status: Inactive
Listing ID: 53628529

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.15 acres
  • Source ID: 49928330
  • Day(s) On Site: 86
  • Subdivision: STONEY POINTE BEACH
  • Parcel Number: 07 927 514 00
  • Property Type: Single Family Dwelling
  • Plaintiff: Union Home Mortgage Corp
  • Defendant Name: James P. Morris
  • Recording Date: 10-29-2019
  • Trustee Reference Number: 19-009702
  • Deed Category: NTS

Public Records

  • Land Area Sqft: 6,534
  • APN: 07-927-514-00
  • Property Type: Single Family Residence
  • Township: FRENCHTOWN TWP
  • Subdivision: STONEY POINTE BEACH
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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.

Auction Information

  • Auction Date: 12-05-2019
  • Auction Time: 10:00 AM
  • Auction Address: Monroe County Courthouse
  • Auction City: Monroe

    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: 09-12-2017

    NEW Credit Information Center

  • Want to fix your credit before buying?: Learn how
  • Want to know your FICO score?: Click here
  • Are you the victim of identity theft?: Find out

Listing History

Start Date End Date Listing Type Bank Name
11/06/19 12/06/19 Preforeclosure
11/01/19 12/05/19 Preforeclosure UNION HOME MORTGAGE LLC


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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4th St
Newport, MI 48166

Single-Family

 

Status: Inactive Listing ID: 53628529

Property Information

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Public Records

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Property Description

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Listing URL

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