From:RealtyTrac Property Type: Foreclosure Listing Type: Single Family Residence Status:Lis Penden
Miami Home Search MLS Description Nw 204th St Miami, FL 33169 is a 6 bed, 4 bath that was built in 2006 and has been on the market for -1321 days. This Miami MLS listing is in the neighborhood in Miami, Florida.
This property is a Lis Pendens. This is the initial document filed by an attorney or trustee on behalf of the foreclosing lender that starts the foreclosure process. This 3419 square foot property has 6 bedroom(s) and 4 bath(s). The estimated loan balance is $491,166.00. To access more extensive information on this property click the 'more property detail' link below. You will need to register for full access. Information listed with each property including estimated loan balance is derived from sources deemed accurate but we do not guarantee the accuracy of such information. Please consult all relevant title documents prior to purchase. PropertyMaps.com is happy to provide Miami real estate for sale on the web.
Foreclosure Timeline
This property is in the Lis Penden phase of the Foreclosure process (highlighted in red).
Day 1: Notice of Default (NOD) recorded. The defaulting property owner has 3 calendar months to cure, or payback the default amount, either by paying off the lien, or by negotiating a payment plan
Within 10 days: Notice of Default mailed.
Within 1 month: Notice of Default mailed.
3 Months Later: Trustee schedules a Trustee's Sale (auction).
21 days later: On the date of sale, trustee sells the property to the highest bidder. This sale is usually held at the trustee’s office, or at the County Courthouse (call trustee for updates on time, date, place).
Foreclosure Status Glossary
Notice of Default (NOD): The initial document (non-judicial) filed by a trustee that starts the foreclosure process, usually after the occurrence of a default under the deed of trust, or mortgage. Both LIS and NOD are part of the PRE-foreclosure process.
Lis Penden (LIS): Notification of pending lawsuit. The initial document (judicial) filed by an attorney or trustee that starts the foreclosure process after the occurrence of default under the deed of trust or mortgage. Both LIS and NOD are part of the PRE-foreclosure process.
Notice of Trustee’s Sale (NTS): A filing by notice announcing a public auction.
Notice (Judgment) of Foreclosure Sale (NFS): An order signed by a judge, directing a “Notice of Sale” be published and that a referee (trustee) sell the property at public auction.
Real Estate Owned (REO): “Real Estate Owned” by the lender; the final step in foreclosure process. This document conveys property ownership back to lender.
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