Sentences with phrase «accept short sale orders»
IB does not accept short sale orders for US stocks that are not eligible for DTC continuous net settlement (CNS) and all short sale orders are subject to approval by IB.
https://www.interactivebrokers.com/ Not exact matches
In order for the bank to accept a short sale deal, the lender must see some potential gain in granting a short sale; so technically, not everyone can qualify.
In order to qualify as a short sale, the lender must agree to «sell the property short» by accepting less than is owed, and the home must be listed for sale.
All the lien holders must agree to accept less than the amount owed on the debt in order for a short sale to go through.
A great example of this is commonly known as a pre-foreclosure «short - sale» where a bank accepts less than owed for the property in order to sell it quickly to avoid a lengthy foreclosure process or simply to remove any non-performing assets from their books.