Sentences with phrase «auction sales to third parties»

«Based on the rise in pre-foreclosure sales we've seen so far this year, a higher percentage of these new foreclosure starts will likely end up as short sales or auction sales to third parties rather than bank repossessions going forward.

Foreclosure auction sales to third parties accounted for 2.5 percent of all sales, nearly double what it was a year ago when at 1.3 percent, RealtyTrac reports.

Not exact matches

Because of the «power of sale» clause in the deed of trust, the lender can hire a third party to auction the house and skip the expense of going to court.

Instead the lender can initiate a «power of sale» foreclosure by hiring a third party to auction the home it wants to foreclose.

The lender can initiate a «power of sale» foreclosure by hiring a third party to auction the home it wants to foreclose.

Instead a lender hires a third party to auction the house it wants foreclose and initiates a «power of sale.»

Homebuyers in the state will likely get a deed of trust which allows lenders to bypass a judicial foreclosure and instead initiate a «power of sale» foreclosure by simply hiring a third party to auction the home.

Instead the lender can initiate a «power of sale» foreclosure by hiring a third party to auction the home.

Instead lenders can hire a third party to auction the home they are foreclosing and initiate a «power of sale» foreclosure.

But if a trust deed is offered instead, the lender can skip the court process by initiating a «power of sale» foreclosure by hiring a third party to auction the home it wants to foreclose.

Instead, the lender can involve a third party and initiate a «power of sale» on the home it wants to auction off.

Neither the auction house nor a third party had been willing to risk guaranteeing the sale of such a high - value work in the current environment.

Deeds of trust contain «power of sale» clauses which allow lenders to hire a third party to auction the home they want to foreclose, skipping the hassle of going to court entirely.

Instead, the lender can involve a third party and initiate a «power of sale» on the home it wants to auction off.

Homebuyers in the state will likely get a deed of trust which allows lenders to bypass a judicial foreclosure and instead initiate a «power of sale» foreclosure by simply hiring a third party to auction the home.

The lender can initiate a «power of sale» foreclosure by hiring a third party to auction the home it wants to foreclose.