Leeds, Alabama 35094
Listing Details
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Leeds, AL 35094

2 Beds | 1 Bath
Foreclosure
Listing ID: 52598549

$39,900

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: $39,900
    • Bedrooms: 2
    • Bathrooms: 1
    • Full Baths: 1
    • Lot Size: 0.16 acres
    • Fireplace: Yes
    • Heating Type: Central Furnace
    • Air Conditioning: Central A/C
    • Year Built: 1947
    • Description: Cute 2 bedroom 1 bath home located in Leeds!!! This homes exterior features consist of vinyl siding, metal roof, and storage building in the back yard. The interior features include 2 bedrooms, 1 full bath, eat in kitchen, living room and laundry room. Not able to qualify for financing, some repairs are needed including damaged doors, flooring poorly installed, interior paint and drywall repairs, missing appliances, and other cosmetic repairs. Right of redemption may apply. THIS PROPERTY IS BEING SOLD AS-IS, SELLER WILL NOT MAKE ANY REPAIRS!!!! Copyright 2019 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Comments: Listing Status: Pending
    • Source ID: 853634
    • Day(s) On Site: 174
  • Property Tax Roll
    • Subdivision: Leeds
    • Elementary School: LEEDS
    • Junior High School: LEEDS
    • Senior High School: LEEDS
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Land Area Sqft: 6,850
    • APN: 25-22-2-009-007.001-RR-00
    • Property Type: Single Family Residence
    • Township: LEEDS
    • Front Footage: 50
    • Depth Footage: 137
    • Subdivision: LEEDS 25-22-2
  • NEW Credit Information Center
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  • County Information
  • Document Center
Listing History
Start Date End Date Listing Type  
06/19/19 07/24/19 Foreclosure View now
  • Contact Information
    • Agent Company: RE/MAX Preferred
    • Agent Name: Hugh Morrow
    • Agent Company Address: 2 Office Park Cir., Ste. 5
    • Agent Company City: Birmingham
    • Agent Company State: AL
    • Agent Company Zip: 35223
    • Agent Company Phone: (205) 879-7665
    • Agent Company Email: Email Now
    • Agent Phone: (205) 879-7665
    • 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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