Meridian, Idaho 83642
Listing Details
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Meridian, ID 83642

5 Beds | 2.5 Baths | 3,156 sq. ft.
Bankruptcy
Listing ID: 51097892
Real estate is a valuable asset of which a court can take control to sell and obtain funds to pay off debts. Property owners who are experiencing financial issues are often motivated, willing to consider selling their homes at discounts to liquidate equity and avoid bankruptcy. And the payoff(s) for a savvy buyer and/or investor can be huge. For more check out 'First Steps' below.
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  • Property Information
    • Bedrooms: 5
    • Bathrooms: 2.5
    • Living Area Size: 3,156
    • Year Built: 2004
    • Days On Site: 635
  • Property Tax Roll
    • Subdivision: SNORTING BULL PH 01
  • County Tax Roll
    • Bedrooms: 5
    • Baths: 2.5
    • Full Baths: 2
    • Half Baths: 1
    • No. of Stories: 2
    • Parking: ATTACHED GARAGE
    • Parking Sqft: 1,070
    • Air Conditioning: YES
    • Fireplaces: YES
    • Land Area Sqft: 10,890
    • Year Built: 2004
    • APN: R8020710140
    • Property Type: Single Family Residence
    • Living Sqft: 3,156
    • Garage: ATTACHED
    • Subdivision: SNORTING BULL PH 01
  • Bankruptcy Information
    • Owner First Name: MARK
    • Owner Last Name: AXTELL
    • Case Number: 18-00820-JMM
    • Filing Date: 06-25-2018
    • Record Type: CHAPTER 7 FILED
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
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Listing History
Start Date End Date Listing Type  
05/01/19 02/09/20 Preforeclosure View now
04/26/19 07/29/19 Preforeclosure View now
04/13/12 08/31/12 Preforeclosure View now

FIRST STEPS:

Bankruptcies

Real estate is a valuable asset of which a court can take control to sell and obtain funds to pay off debts. Property owners who are experiencing financial issues are often motivated, willing to consider selling their homes at discounts to liquidate equity and avoid bankruptcy.

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And the payoff(s) for a savvy buyer and/or investor can be huge.

To make it work, you need to learn all you can about the property from public records, as well as contact the Realtor® if the property is for sale. For your convenience, this contact information is located under the property's "Bankruptcy Information" header.

If it is not listed, you will need to speak to whomever the court officer directs you to contact regarding the purchase of the property.

Important: We often share the debtor's mailing address in a bankruptcy filing, which is attributed to the person(s) living in the home. Accordingly, it's possible that a tenant(s) and/or renter(s) is facing bankruptcy and not the actual homeowner(s) on the title/deed.

Collecting this information at the county courthouse or records office will enable you to learn what actions must be taken to make a valid offer to purchase. In most cases, your offer will have to be approved by the bankruptcy judge or trustee who is in charge of liquidating or selling the assets of the person who filed bankruptcy.

The court's objective is to get a fast but fair offer for the real estate, converting it to cash to satisfy and pay as many of bankrupt person's creditors as possible.

With patience and persistence, however, it's possible to turn someone's misfortune into your personal gain.

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