Sentences with phrase «public foreclosure»

He has also advised lenders and investors on dealing with distressed assets in the film business, including private and public foreclosure sales, note sales, and related litigation.

This is the start of the formal and public foreclosure process.

A moratorium on all foreclosures could cause home sales to plummet, as mortgage lenders can not sell foreclosed homes until they acquire the title through a sheriff's sale or public foreclosure auction.

The trustee will give notice of a public foreclosure sale and then sell the distressed property to the highest bidder.

«The combination of rapidly rising home prices — along with strong demand from institutional investors and other cash buyers able to buy at the public foreclosure auction or an as - is REO home — means short sales are becoming less favorable for lenders.»

But investors are still finding homes to buy at an average discount of 13 percent below market value, the same average discount as 2012, «indicating that investors are finding discounted buying opportunities outside of the public foreclosure process — particularly in those markets with the biggest increases in flipping for the year,» Blomquist says.

As few as 75 days may pass from the time a property owner receives a notice of default until the property is sold at a public foreclosure auction sale.