Downtown Sumter, 2 Bedroom, 1 Bath bungalow with front porch, hardwood floors, formal dining room. Living Room with Fireplace. This is a Fannie Mae Homepath Property.
MLS Listing ID: 383100
Year Built: 1939
Parking Spaces: 1
Roof Type: Asphalt
This is a Bank Owned (REO) property. Typically, a property becomes a full-fledged foreclosure when it is repossessed by the foreclosing lender, who can take possession either through what's called a deed-in-lieu-of-foreclosure agreement with the owner during the pre-foreclosure period or through a winning bid at the public auction. Foreclosing lenders are often motivated to sell bank-owned properties (also known as REOs) quickly because they are non-performing assets.
A Bank-owned property is in the final stage of the foreclosure process. Ownership has reverted to the lender.
Students who live in this home attend the following
Sumter 02 (Unified School District)
Sumter 17 (Unified School District)
This home is within the boundaries of the following school districts*: