1100 Brannon St, Greenwood: A Good-Condition Home Sold During Mortgage Delinquency

Transaction date: October 18, 2024

House exterior with light siding, brick chimney and front steps

The pressure was financial

The seller was approximately three months behind on the mortgage. The documented seller problem was mortgage delinquency, rather than a severely distressed property.

Cleaning and minor maintenance

The home was otherwise in good condition. It needed cleaning and minor maintenance rather than major rehabilitation.

An as-is transaction

The property sold as-is, with closing on October 18, 2024. No particular foreclosure proceeding, lender agreement or payoff amount is established by this case.

What This Example Shows

A homeowner can face financial pressure while the house remains in good condition. This completed sale illustrates that distinction; it is not a guarantee that another sale will stop foreclosure.

Property photographs

Kitchen with wood cabinets, refrigerator and dining table
Furnished room with a brick fireplace, wood floor and ceiling fan

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