Sentences with phrase «obtained at foreclosure sale»
If obtained at foreclosure sale, usually that indicates there either weren't any bidders or there wasn't a sufficient bid made that satisfied the bank or lien holder.
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First and foremost, the term REO (or Real Estate Owned) usually refers to an asset that a bank or lien holder obtains either through a deed in lieu foreclosure process or at a foreclosure sale.
In December, the featured 25 % OFF course at the Center for REALTOR ® Development is the Short Sales and Foreclosures: What Real Estate Professionals Need to Know course, which is the basic requirement toward obtaining this credential.
VERISTONE DEALSHEET LOAN AMOUNT: $ 126,000 FINAL SALES PRICE: $ 228,000 LOAN DATE: December 14th, 2012 to April 1st, 2013 LOCATION: Maple Valley, King County - Residential LOAN TYPE: Auction Loan, 9 Month Term DETAILS: Our Veristone Capital borrower obtained the subject property at the King County foreclosure auction in December 2012 for $ 144,000.