Mortgage lenders in these areas may determine that even though they must maintain, insure and sell the home, they may still make more money and have
more qualified bidders at an auction, potentially allowing them to receive full payment for the outstanding mortgage loan.
Not exact matches
After commissioning financial, environmental and structural reports, the broker prepares a confidential marketing document — in this case, it likely runs to
more than 50 pages, not including leases, which are thousands of pages
more — that goes out to
qualified bidders.
Forest management contracts include concession areas of 50,000 hectares to 400,000 hectares and are open for bids from
qualified bidders that demonstrate at least 51 % ownership by Liberian citizens; concessions of
more than 100,000 hectares are open for bidding from international investors.