Sentences with phrase «public foreclosure auction»
«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.»
http://realtormag.realtor.org/
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.
Not exact matches
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.
We also have an intelligent foreclosure guide to help the public understand how to buy an auction, or bank - owned home.»
A foreclosure auction is where properties are auctioned off at a public sale by the Public Trustee (in Colorado) and sold to the highest bpublic sale by the Public Trustee (in Colorado) and sold to the highest bPublic Trustee (in Colorado) and sold to the highest bidder.
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.
You may also be able to buy a property at a public «foreclosure auction.»
This is a public foreclosure sale handled online by the county clerk's office (via public auction on the Internet in accordance with Florida Statutes) where the property is offered to the highest bidder.
You can also watch the paper for public auctions, bank foreclosures, and divorce filings.
The Department of Justice (DOJ) announced earlier this week that a group of Mississippi real estate investors plead guilty for their roles in a conspiracy to rig bids at public real estate foreclosure auctions.
«While the country faces unprecedented home foreclosure rates, the collusion taking place at these auctions is artificially driving down foreclosed home prices,» a government official says about a scam involving bid - rigging at public auctions.