Anyone have experiences with Midland Mortgage/Midfirst Bank foreclosed properties?
I’ve been following a property that auctioned to the bank on the courthouse steps back on Oct 5, 2010. Given it’s condition and thus less value than the remaining balance on the original mortgage, it will likely end up as a HUD home but who knows.
I visited the property about 2 weekends ago and could see signs of it being cleaned up with broken window panes replaced and internal and external left over debris removed. The storage shed which needed demolition was completely gone along with a half submerged boat so clearly something is happening with it.
Anyone have insight into how long Midland Mortgage/Midfirst takes to turn a property around? Or even how they go about dealing with or listing their properties?
I check every day but I’m not finding it on any listings anywhere.
Thanks!