$121,043


2 Baths   1,894 Sq. Ft.

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Highway 375 W,
Mena, AR 71953

Status: Inactive
Listing ID: 48627086

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Property Information

  • Price: $121,043
  • Bathrooms: 2
  • Living Area Size: 1,894
  • Year Built: 2000
  • Days On Site: 1308
  • Parcel Number: 0000-07091-0010
  • Recording Date: 07-20-2016
  • Default Date: 07-01-2015
  • Document Year: 2016
  • Trustee Name: Wilson & Associates, PLLC
  • Trustee Address: 1521 Merrill Drive
  • Trustee City: Little Rock
  • Trustee Phone: (501) 219-9388
  • Trustee Reference Number: 310503
  • Deed Category: NTS
  • Default Date: 07-01-2015
  • Mortgage Balance: $118,129
  •  

Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking Sqft: 400
  • Parking: FINISHED ATTACHED MASONRY GARA
  • Air Conditioning: CENTRAL
  • Fireplaces: 1 STORY 1 OPENING
  • Construction Type: MASONRY
  • Exterior Wall Type: BRICK
  • Floor Type: STEEL-FLAT-SLAB
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Material: FIBERGLASS
  • Roof Type: HIP
  • Land Area Sqft: 174,240
  • Year Built: 2000
  • APN: 0000-07091-0010
  • Property Type: Single Family Residence
  • Township: MENA SCH, RURAL
  • Living Sqft: 1,894
  • Garage: FINISHED ATTACHED MASONRY

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

  • Minimum Bid: $118,129
  • Auction Date: 09-27-2016
  • Auction Time: 12:30 PM
  • Auction Location: Mena

    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

  • Lender Name: Mortgage Electronic Registration Systems, Inc., as nominee for Quickens Loans Inc., its successors and assigns
  • Mortgage Balance: $118,129
  • Mortgage Phone: (800) 696-8199
  • Mortgage Servicer: Provident Funding
  • Mortgage Type: C

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Listing History

Start Date End Date Listing Type Bank Name
11/23/19   Foreclosure
11/21/19 01/22/20 Foreclosure
09/12/16 09/27/16 Preforeclosure QUICKEN LOANS INC


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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Highway 375 W
Mena, AR 71953

2 Baths   1,894 sq. ft.

$121,043

Status: Inactive Listing ID: 48627086

Property Information

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Public Records

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Property Description

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Listing URL

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