$111,435 EMV


2 Beds   1 Bath   1,027 Sq. Ft.   Single-Family

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Marcilene Ter
Wichita, KS 67218

Status: Inactive
Listing ID: 56705988

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,027
  • Garage: 1
  • Lot Size: 0.16 acres
  • Levels: 1
  • Year Built: 1940
  • Source ID: 91716529140
  • Comments: This listing is in a Sale Pending status
  • Days On Site: 42
  • Subdivision: BEVERLY MANOR ADD
  • Property Type: Single Family Dwelling
  • Deed Category: NOD

Public Records

  • Bedrooms: 2
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Parking: ON & OFF STREET
  • Parking Sqft: 220
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: ALUMINUM/VINYL
  • Floor Type: carpet
  • Foundation Type: CONCRETE
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 6,970
  • Year Built: 1940
  • APN: 127-25-0-24-08-002.00
  • Property Type: Single Family Residence
  • Front Footage: 50
  • Depth Footage: 134
  • Living Sqft: 1,028
  • Garage: UNFINISHED FRAME
  • Style: RANCH
  • Subdivision: BEVERLY MANOR ADD

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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Address: Marcilene Ter Wichita KS 67218

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    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

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Listing History

Start Date End Date Listing Type Bank Name
10/21/21   Foreclosure

Wichita, KS
Home Inspectors

Central Home Inspections, LLC
Roger Laughary
316-550-0933
ProTech Building Inspections LLC.
Fred Yahya
316-721-2572
Quality Home Inspections, LLC
Francis Silveira
316-990-0600
Bert Kennedy
3032497838
Premier Home Inspections
Charles Bruno
316-202-6530
foreclosure.com

Marcilene Ter
Wichita, KS 67218

2 Beds   1 Bath   1,027 sq. ft.   Single-Family

$111,435 EMV

Status: Inactive Listing ID: 56705988

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/index.html?st=KS&cno=173&listingid=56705988

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