This is a value-based foreclosure auction, which means the beneficiary has provided a bid based on market value. This is a great opportunit for buyers since the final reserve may be priced at or below current market value. PAYMENT INFORMATION: On the day of sale, bidders must register a certified check payable to The Judicial Sales Corporation (No third party checks or other types of currency, lines of credit, etc. will be accepted). Most properties are sold for 25% down with the balance due by 2:00 PM (Central Time) the next business day (see the notice of sale or check the court filing for this information).This foreclosure home is a single family home located in BELLEVILLE. It offers 11326.00 sq. ft. in size, 4 beds and 2 baths. Review its detailed information and determine if this BELLEVILLE foreclosure has the qualities you are looking for.
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.