3 Beds   1 Bath   1,142 Sq. Ft.   Single-Family

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E 73rd St
Kansas City, MO 64132

Status: Inactive
Listing ID: 55502629

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,142
  • Lot Size: 0.14 acres
  • Year Built: 1926
  • Source ID: 12097335
  • Parcel Number: 47640072100000000
  • Property Type: Single Family Dwelling
  • Plaintiff: Challenge Financial Investors Corp
  • Defendant Name: MARVIN LEWIS A MARRIED MAN
  • Recording Date: 06-12-2020
  • Trustee Name: MILLSAP & SINGER P C
  • Trustee Address: 612 Spirit Dr
  • Trustee City: Chesterfield
  • Trustee State: MO
  • Trustee Zip: 63005
  • Trustee Phone: (636) 537-0110
  • Trustee Reference Number: 197939.070220.410964
  • Deed Category: NTS
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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.

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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Auction Information

  • Auction Date: 07-02-2020
  • Auction Time: 9:00 AM
  • Auction Address: 308 W Kansas Avenue
  • Auction City: Independence

    Loan Information

  • 1st Mortgage Date: 02-22-2007

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Listing History

Start Date End Date Listing Type Bank Name
07/08/21 10/06/21 Foreclosure
05/27/20 07/02/20 Preforeclosure

Kansas City, MO
Home Inspectors

American General Property Inspections
Jeffery Fielder-Bey
816-353-5151
Sweet Home Inspections
John Matthew Woods
913-963-1667
Premier Inspection Services Inc.
John J Browning Sr.
816-824-3891
Precise Home Inspections Inc.
Richard Scroggins
816-420-0130
foreclosure.com

E 73rd St
Kansas City, MO 64132

3 Beds   1 Bath   1,142 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 55502629

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Property Description

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Listing URL

https://www.foreclosure.com/listing/index.html?&listingid=55502629

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