Sentences with phrase «property sold at auction»

TIP: A real estate salesperson may be entitled to a commission on a property sold at auction, once the sale is closed.

Not exact matches

The company's business began to slow during World War II when the focus shifted to cheaper materials such as limestone and concrete aggregate, and the entire property was sold at auction in 1948.

«At last weekend's auctions everything was passed in,» he said about auctions in Melbourne's leafy south - eastern suburbs where properties sell in the $ 3 million to $ 5 million range.

A home sold at auction: These auctions are typically handled by a sheriff or other trustee and can occur on courthouse steps, in a convention center, or at the property itself.

Under asset forfeiture laws, agencies such as Nassau and Suffolk police can take cash, cars, homes and other property linked to local and federal probes and then sell them at auction.

If the equity is over 20 %, your property may be taken and sold at an auction as payment for your debt.

In the foreclosure process the lender has the right to sell your property at a public auction in order to collect on the delinquent loan.

The lender then records a «Notice of Trustee's Sale» and posts it on your property in which it can be sold at a public auction a minimum of 20 days later.

Your property will be sold at auction and in order for your lender to convey good title to a third - party purchaser, they must acquire the title themselves first.

My question is this, the auctioneer stated he did not think the motorcycle will sell for more than the $ 3000.00 my husband is owed for it is his one exempt item allowed and the only property he owns what will happen if the bime does not sell at the auction for at least the $ 3000.00?

The foreclosed properties are eventually sold at auctions by professional auctioneers.

Bank - Owned Properties Properties that do not sell at auction revert back to the bank; that is, they become Real Estate Owned (REO) properties.

Concurrently with the 2nd rescission they recorded a 3rd defective Notice of Default, cut off all communication with us, and sold our property illegally at auction, ignoring our right and request to payoff the loan to get rid of them.

The bank may try to sell the property at an auction, if they feel there's enough demand.

A foreclosure is when your lender takes possession of your property and sells it at auction for the purpose of recovering the unpaid mortgage balance.

A foreclosure can add to your financial problems if your state allows a deficiency judgment, which means the borrower owes the difference between what is owed on the foreclosed property and the amount it eventually sells for at an auction.

REO stands for «Real Estate Owned» and describes a property which is currently owned by a bank after the property failed to sell at a foreclosure auction.

The only people who get past the no trespassing signs that ring her property are her ex-husband, her current husband, her two sons, a hired helper, and a local woman Abel met at an auction where she brings puppies to sell.

(a) No person shall sell, trade, barter, auction, lease, rent, give away, or display for commercial purpose, any live pet, on any roadside, public right - of - way, public property, commercial parking lot or sidewalk, or at any flea market, fair or carnival.

«The property will be sold to the highest bidder, regardless of price so every hotel investor that has any interest in buying a quality hotel property at auction needs to be at this auction,» said Karbelk.

The hotel auction opportunities that National Commercial Auctioneers has scheduled include: a 139 - room Quality Inn across the street from Oklahoma State University and a 138 - room Quality Inn on Hwy 77 in Ponca City, Okla., both properties scheduled to sell at absolute auction on April 2, 2010; a 225 - room hotel located in the heart of Winter Haven, Fla., between Orlando and Tampa, to be sold at absolute auction on April 19; two hotels selling together with a combined 274 rooms located on I - 10 in Pensacola, Fla., to be sold at absolute auction on April 20; a 201 - room full service Holiday Inn, a favorite hotel for business travelers, located in downtown Sheffield., Ala., to be sold at absolute auction on April 21; and a 70 - room limited service closed hotel on I - 65 midway between Indianapolis and Louisville to be sold pursuant to Jackson Circuit Court order on May 18.

The e receivers sold the property at auction, and the purchaser subsequently sold the property to Horsham.

The children registered cautions at the Land Registry against Wallands Farm and other real estate in Mr Seals» estate that was due to be auctioned for sale so that, in practice, the property could not be sold.

If 30 days have passed and the tenant has not come to the landlord to get his or her property and no creditors have come forward to claim the property that the tenant has purchased but not paid for, then the landlord may sell the tenant's things at a public auction.

Whether we are advising first - time buyers, purchasers buying property at auction, people moving up the property ladder or downsizing, investors managing a portfolio of properties or developers who are both buying and selling, our experience, access to the most up - to - date resources and technology and focus on customer care means we are ideally placed to guide you every step of the way.

If the property does not sell at auction the mortgagor may list the property for private sale.

If (as was the case) the property was not sold at auction, the agent then had 21 days to sell on the open market.

The property is currently listed for $ 13.98 million and will be sold during a live auction in co-operation with Barry Cohen, broker of the Barry Cohen Group at Re / Max Realtron.

Even though I have sold many six - figure properties at auction, I always find myself telling the story of the little house in Eads that bucked the economic odds and sold for almost double what everyone thought it would.

The advantage to this type of auction is that it provides a safety net for the seller while still giving the real estate professional the knowledge at what price the seller is willing to let the property be sold.

As a general rule, a property that is in good condition and in a desirable location will sell successfully at an auction.

All types of real estate, including residential property (e.g., town homes, condominiums, cooperative apartments and single - family homes), commercial and industrial property, vacant land and even boat slips are sold at auction.

If the property does not sell at the auction you don't make any interest you acquire the property for being the one to take it to this point.

They will pay them back if the property sells at the tax deed auction otherwise it will go to the list of lands.

In 2000 the Arkansas Commission of State Lands, as required by state law, sent a certified letter to Jones at the home in question notifying him of a tax delinquency and stating that the property would be sold by public auction in two years if the taxes weren't paid.

The Two - Thirds Rule Not all properties should be sold at auction, but certain properties and situations will benefit greatly.

Not all properties should be sold at auction, but certain properties and situations will benefit greatly.

Fees and charges — New, advertising and service driven business models are doing away with all fees associated with buying or selling property at auction.

Engage a REALTOR ® — While buying and selling at auction online is relatively easy, look to engage an experienced representative who understands real estate marketing, knows the area, the auction process and various strategies that can be used to maximize your property value or clinch you a better deal, if you are a buyer.

What makes the online auction process particularly appealing to agents and brokers is the assurance that a property will be sold at true market value, through a mutually transparent process.

Reserve Auction — A «Reserve Auction» sets a minimum price below which the seller is not obliged to sell the property at the expiry of the aAuction — A «Reserve Auction» sets a minimum price below which the seller is not obliged to sell the property at the expiry of the aAuction» sets a minimum price below which the seller is not obliged to sell the property at the expiry of the auctionauction.

A federal appeals court has considered whether an auction company can be liable to a property owner for allegedly misrepresenting the price a property would sell for at an auction when the property, which had previously been under contract for $ 1.8 million, was sold for $ 8,000 at an auction conducted by the company.

In her current role at Premiere Estates, she oversees the company's corporate marketing, creative direction, and branding as well as the marketing and public relations of properties to be sold at auction.

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $ 57,000 FINAL SALES PRICE: $ 103,500 LOAN DATE: January 2013 to March 2013 LOCATION: Renton, King County Washington TYPE: Auction Loan, 12 month Term DETAILS: The subject property was sold at King County foreclosure auction for $ 65,000 in JanuarAuction Loan, 12 month Term DETAILS: The subject property was sold at King County foreclosure auction for $ 65,000 in Januarauction for $ 65,000 in January 2013.

My revolutionary system will show you how to buy, sell & generate leads at real estate auctions, sell any property within 5 days, and how to «use» Auction Outlets to exponentially grow your Real Estate Business.

Additional properties to be sold include: • 12.84 - acre development site suitable for 220 multi-family units and mixed - use development, located at 20525 W. Normantown Road in Romeoville, Illinois • 300 acres of tilled farmland located on Route 30 near Route 34 in Montgomery, Illinois • 22 - acre multi-family development site for up to 330 - units with an additional two - acre retail outlot, located on Route 30 near Route 34 in Montgomery • 8.2 - acre development site suitable for multiple outlots, located at the intersection of Route 30 and Route 34 in Montgomery The auction event will take place in the Legacy Room at The Inland Real Estate Group of Companies, Inc. headquarters located at 2901 Butterfield Road in Oak Brook, Illinois Web simulcast bidding will also be available for pre-registered, out - of - town bidders.

A foreclosure auction is where properties are auctioned off at a public sale by the Public Trustee (in Colorado) and sold to the highest bidder.

Knowing how and where to find properties that are suitable to be sold at auction is the key to making money as a real estate auctioneer, and also crucial to the success of a real estate auction business.

Hedge funds and private equity firms seek out foreclosed properties at public auctions, or purchase them through short sales, where a bank agrees to let an underwater buyer sell the home for less than the balance of his or her mortgage.

Upset price - A minimum price set by a court in a judicial foreclosure, below which the property may not be sold by a court appointed commissioner at public auction; the minimum price which can be accepted for the property after the court has had the property appraised.