$284,000

5 Beds   3 Baths   1,787 Sq. Ft.   Single-Family
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Katherine Ave
Orlando, FL 32810

Potential Profit

$66,279

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Status: Active
Listing ID: 57620164

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
03/16/22
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $284,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
10/25/21
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

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Current Value
$284,000
Potential Value
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Public Records

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Orlando, FL
Home Inspectors
EGAL Home Inspections
Robert Burns
407-330-1010
Florida Building Inspections, Inc.
Armando J Davila
407-699-8286
K. Randall Home Inspections, LLC
Kevin R Rodak
407-484-3259
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Katherine Ave
Orlando, FL 32810

5 Beds   3 Baths   1,787 sq. ft.   Single-Family

$284,000

Status: Active Listing ID: 57620164

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/address.html?address=Katherine-Ave-Orlando-FL-32810/57620164_lid

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