3 Beds   1 Bath   1,114 Sq. Ft.

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E 154th St,
Compton, CA 90220

Status: Inactive
Listing ID: 52680794

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,114
  • Year Built: 1959
  • Source ID: 20469712
  • Days On Site: 468
  • Subdivision: 22000
  • Parcel Number: 6139-011-015
  • Defendant Name: MORRIS TERRY J
  • Trustee Reference Number: CA-19-848953-NJ
  • Deed Category: NTS
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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Land Area Sqft: 5,098
  • Effective Year Built: 1959
  • Year Built: 1956
  • APN: 6139-011-015
  • Property Type: Single Family Residence
  • Living Sqft: 1,114
  • Subdivision: 22000
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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: 10-01-2019
  • Auction Time: 10:00 AM
  • Auction Address: 400 CIVIC CENTER PLAZA
  • Auction City: POMONA
  • Auction Zip: 91766

    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.

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Listing History

Start Date End Date Listing Type Bank Name
10/31/19 05/20/20 Foreclosure
07/12/19 10/08/19 Preforeclosure Reverse Mortgage Funding 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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E 154th St
Compton, CA 90220

3 Beds   1 Bath   1,114 sq. ft.

 

Status: Inactive Listing ID: 52680794

Property Information

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Public Records

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Property Description

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Listing URL

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