After an excessive period of time,
the owner accepts less than market value just to get the property sold.
Not exact matches
If the
owner of the store were willing to sell his or her business for
less than $ 500,000, the purchasing company would likely
accept the offer as it presents a positive NPV investment.
Levin came to Brodsky asking him to
accept a million
less, but the
owner wouldn't budge.
Alternatively, some lenders may agree to short selling properties, meaning lenders
accept less money than borrowers owe them to allow current
owners to sell to new
owners who can afford payments.
A short sale is when a bank will
accept an offer on a house that is
less than what the current
owner owes on the property.
If the
owner is
less than truthful about the dog's temperament or health, you have just volunteered to
accept responsibility for any potential problems.
Short sale: A property transaction in which the lender or lenders agree to
accept less than what is owed by the current home
owner.
The example of an estate sale, or a «matrimonial disruptus» situation where an
owner might prefer to
accept a
lesser dollar APS due to an ability of a buyer to be able to close immediately, or any of many in an offer, plausible reasons to
accept.
If you do not intend to keep the property and your title is clear of other liens, we may (based on requirements set by the
owner of your loan) be able to
accept the deed to the property and forgive your debt, even if the property is worth
less than the balance that you owe.