Other lien holders can also foreclose the owner's right of redemption for other debts, such as for overdue taxes, unpaid contractors' bills or overdue homeowners' association dues or assessments. Smart homebuyers and savvy investors looking for rich money-making opportunities buy tax-delinquent properties in Wasilla Ak 99654. Therefore, through the process of foreclosure, the lender seeks to foreclose (in plain English, immediately terminate) the equitable right of redemption and take both legal and equitable title to the property in fee simple. Some of the hottest neighborhoods near Wasilla, AK are Downtown. Just select the county in Alaska that you want to look for a property below. Foreclosure homes for sale in Wasilla, AK have a median listing home price of 345,000. We currently have 73 of the hottest foreclosure deals in Wasilla, AK, of all prices, sizes and types, including bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and many others. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in Alaska, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. While this equitable right exists, it is a cloud on title and the lender cannot be sure that they can successfully repossess the property. Foreclosed Homes For Sale in Alaska 1140 Bentree Circle Anchorage, AK 99504. Foreclosures in Wasilla, AK Buy foreclosure homes for sale in Wasilla, AK, right now on for up to 75 off market value. ![]() If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. Advertise, sell your property, list it for let. Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. Foreclosure homes for sale in Wasilla, bank owned homes, REOs, foreclosed homes and short sale deals are updated daily on our website. Browse Foreclosed Homes For sale in Wasilla, Alaska or list your own. and other real estate bargains in Regency Park, Anchorage, AK. Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower, who has stopped making payments to the lender, by forcing the sale of the asset used as the collateral for the loan.įormally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Search foreclosures in Regency Park to find bank owned homes.
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