Magnolia, Delaware 19962
Listing Details
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Magnolia, DE 19962

Foreclosure
Listing ID: 53238592

$44,900

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: $44,900
    • Lot Size: 1.3 acres
    • Description: Copyright 2020 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Source ID: DEKT233454
    • Days On Site: 164
  • Property Tax Roll
    • School District: CAESAR RODNEY
    • Property Type: Land
  • County Tax Roll
    • Land Area Sqft: 34,848
    • APN: 8-00-11200-01-2300-000
    • Property Type: Agricultural
    • Front Footage: 160
    • Depth Footage: 195
    • Sewer Type: SEPTIC
    • Water Type: WELL
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $236 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $4,490 (10%) down.

      Check rates now!
  • Contact Information
    • Agent Company: Keller Williams Realty Central-Delaware
    • Agent Name: Michele Weeks
    • Agent Company Address: 1671 State STREET
    • Agent Company City: Dover
    • Agent Company State: DE
    • Agent Company Zip: 19901
    • Agent Company Phone: (302) 677-0020
    • Agent Company Email: Email Now
    • Agent Phone: (302) 677-0020
    • 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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