This property is in pre-foreclosure. Pre-foreclosure is the first stage of the foreclosure process, indicating that the trustee or lender has filed a formal notice to the homeowner due to missed mortgage payments. If the homeowner can’t repay the missed payments or sell the home in time, the home will be sold at public auction.
The total of all the original loan amounts for all open loans known to exist on the property. If only one open loan exists, the total loan amount would be the original loan amount for that one loan.
The total value of open loans as a percentage of the estimated market value; or estimated total loan amount divided by estimated value. If LTV is above 100 percent, it indicates the estimated total loan amount exceeds the estimated value.
Get information on this property from a local real estate agent.
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