Ozark, Alabama 36360
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Ozark, AL 36360

2 Beds | 1 Bath | 1,080 sq. ft.
Foreclosure
Listing ID: 52303405

$42,500

Properties listed as foreclosures have passed the point of auction or public sale. 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. For more check out 'First Steps' below.
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  • Property Information
    • Price: $42,500
    • Bedrooms: 2
    • Bathrooms: 1
    • Living Area Size: 1,080
    • Lot Size: 0.25-0.50 ac
    • Year Built: 1965
    • Description: Wonderful opportunity for an investor. Ranch with one living area, kitchen with dining spaces, nice sun room, 2 bedrooms, one bath, office space, laundry room and an attached carport. Great location, close to shopping areas and schools. Well established subdivision. Home built prior to 1978, lead paint potentially exist. Alabama Right of Redemption may affect this asset. Seller does not guarantee or warrant title to the property. Seller is The Secretary of Agriculture. Seller to convey title via a quit claim/non-warranty deed only. Call Nancy Cafiero 334-389-1758 Hablo EspaƱol
    • Day(s) On Site: 144
  • Property Tax Roll
    • Subdivision: BROWN
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Rooms: 5
    • No. of Stories: 1
    • Air Conditioning: YES
    • Exterior Wall Type: BRICK/WOOD
    • Foundation Type: CONTINUOUS WALL
    • Roof Material: ASPHALT SHINGLE
    • Roof Type: GABLE/HIP
    • Land Area Sqft: 17,400
    • Year Built: 1965
    • APN: 11-03-05-3-000-068.0000
    • Property Type: Single Family Residence
    • Township: OZARK
    • Front Footage: 100
    • Depth Footage: 174
    • Living Sqft: 1,522
    • Subdivision: BROWN
  • AVM Report
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  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $223 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $4,250 (10%) down.

      Check rates now!
  • Contact Information
    • Agent Company: Century 21 Regency Realty, Inc
    • Agent Name: Nancy Cafiero
    • Agent Phone: (334) 389-1758
    • Agent Email: Email Now

FIRST STEPS:

Foreclosures

You've identified an ideal foreclosure property. Now what?

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Properties listed as foreclosures have passed the point of auction or public sale. 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.

A property will most likely be listed with a Realtor® who can assist you with submitting an offer.

Contact the listing broker's office as soon as possible to learn about how to visit the property, make offers, and close a transaction. For your convenience, this contact information is located to your left under the property's "Contact Information" header.

This is a big investment. Therefore, learn as much as you can about the property, lender, loan amount and expenses the lender wants to recover.

Once you've gathered this information, it's time to make an informed offer.

Always keep in mind that the seller's primary objective is to recover the amount of the loan balance that was not paid by the previous homeowner, as well as the costs of the foreclosure action and other expenses.

However, the longer lenders own properties, the more eager they become to sell them, often at reduced prices.

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