Foreclosure A legal process by which the lender or
the seller forces a sale of a mortgaged property because the borrower has not met the terms of the mortgage.
Not exact matches
Instead, invest time in developing a unique process that reflects the reality of your
sellers, and make sure your
sales force understands how to use it.
And before Movetickets.com appeared to succumb to overwhelming interest, The
Force Awakens had already become its number - one
seller, accounting for 44 % of total ticket
sales in the past 24 hours.
Of course, the
seller of those other assets would now be
forced to deploy the proceeds of the
sales elsewhere, so that directly or eventually the proceeds would be used to buy U.S. government bonds.
... As other
sellers of milk products are
forced to lower their prices to match Coles to keep their customers, you would expect total milk
sales to go up.
If a foreign buyer backs out of the
sale, then they may be
forced to back out of the purchase of their new home, which impacts yet another
seller.
But asset
sales don't happen overnight in the best of times, and when you're a
forced seller, the sharks come out.
Title II of the act preempted state laws that thwarted due - on -
sale provisions in mortgage contracts that
forced property
sellers to repay their loans.
This is very risky for the
seller — and the lawyer acting for the
seller — as the
seller might not get paid the balance owing in the event this individual stops paying the first mortgage
forcing a
sale, as has happened in a similar past VTB mortgage transaction involving him that is reported in the press.
Unfortunately for many
sales reps this anxiety repeats itself all too often as the ebb and flow of our businesses must constantly adjust to a dynamic economy, to shifting buyer and
seller expectations, and to other external
forces — not the least of which includes rapid changes in technology and digital marketing driven by the explosion in Internet usage.
As he learned more about distressed
sales as more of his clients were
forced into a short
sale or foreclosure, Smith decided he needed to become more direct and transparent when educating
sellers about the obstacles they faced in a down market.
Soon after, nearly every
seller Smith worked with was
forced to either abandon the
sale or lose tens — or hundreds — of thousands of dollars in a short
sale because they were upside down on their mortgages.
«
Sellers are in the driver's seat this spring as the intense competition for the few homes for
sale is
forcing many buyers to be aggressive in their offers,» said Yun.
More important, though, is that our
sales force is trained to mitigate risk in a very basic way; by communicating with their buyers and
sellers so that there are no grounds for misunderstanding.
(Y: Yes, Air Conditioning: Central Air, Appliances: Range, Appliances: Microwave, Appliances: Dishwasher, 2nd Bedroom Level: 2nd Level, Built Before 1978 (Y: Yes, Dining Room: Separate, Exterior Building Type: Brick, Heat:
Forced Air, Sewer: Sewer - Public, Water: Public, Listing Type: Exclusive Right To Sell, Master Association Fee: No, Master Bedroom Level: 2nd Level, Parking Type: Garage, Special Assessments: N, Special Compensation Info.: None, Waterfront (Y: No, Appliances: Disposal, Dining Room Level: Main Level, Equipment: Ceiling Fan, Kitchen Type: Eating Area - Breakfast Bar, Kitchen Level: Main Level, Living Room Level: Main Level, Equipment: CO Detectors, Roof Type: Glass (Shingles), Appliances: Washer, Appliances: Dryer, Foundation: Brick, Kitchen Flooring: Hardwood, Living Room Flooring: Hardwood, Tax Exemptions: None, 2nd Bedroom Flooring: Hardwood, 3rd Bedroom Flooring: Hardwood, 3rd Bedroom Level: 2nd Level, Dining Room Flooring: Hardwood, Equipment: Sump Pump, Other Information: School Bus Service, Master Bedroom Flooring: Hardwood, Basement Bathrooms (Y: Yes, Kitchen Type: Eating Area - Table Space, Equipment: Humidifier, Other Information: Commuter Bus, Addtl Room 2 Level: Main Level, Bath Amenities: Whirlpool, Addtl Room 1 Level: 2nd Level, Addtl Room 3 Flooring: Hardwood, Bath Amenities: Separate Shower, Basement: Finished, Addtl Room 3 Level: Main Level, Addtl Room 3 Name: Foyer, Bath Amenities: Double Sink, Addtl Room 2 Name: Office, Appliances: Refrigerator - Bar, Family Room Flooring: Ceramic Tile, Fireplace Type: Electric, Addtl Room 2 Flooring: Hardwood, Assessment Includes: None, Addtl Room 4 Flooring: Hardwood, Addtl Room 4 Level: 2nd Level, Family Room Level: Basement, Addtl Room 4 Name: Walk in Closet, Bath Amenities: Steam Shower, Addtl Room 1 Name: Balcony, 4th Bedroom Level: Main Level, 4th Bedroom Flooring: Hardwood, Addtl Room 10 Level: Not Applicable, Addtl Room 6 Level: Not Applicable, Addtl Room 7 Level: Not Applicable, Addtl Room 8 Level: Not Applicable, Addtl Room 9 Level: Not Applicable, Frequency: Not Applicable, Property Type: Detached Single, Status: Contingent, Compensation paid on: Net
Sale Price, Square Feet Source:
Seller, Master Bedroom Bath (Y: Full, Basement (Y: Full, Exterior Building Type: EIFS (e.g. Dryvit).
The case noted in the current REM article is atypical, but is concurrent with relocation transactions, with estate
sales, and some matrimonial situations, and as stated, a
forced sale, wherein no agency contracts are with «the real
sellers or buyers» directly.
Although discounting is appealing on the surface, my observation of most discount brokers leads me to the conclusion that a discount broker is almost
forced to focus on buyer
sales to offset the loss on the
seller side.
For example, second lenders can no longer try to
force a
seller to commit short
sale mortgage fraud by demanding payments outside of escrow or holding the
seller's first - born as collateral.
For those
sellers with little or no equity in their home, transfer taxes could
force sellers into a short
sale situation.
The lower number of houses for
sale is usually accompanied by a reduction in potential customers, so
sellers are
forced to lower prices to attract an audience.
Finally, frustrated
sellers who have no equity and are
forced to sell because of a long term illness, divorce or financial considerations should discuss a short
sale or a deed in lieu of a foreclosure with their mortgage lender and their REALTOR ®.
In particular she states that should TREB be
forced to proved data which would include DOMs, SC amounts, historical data such as failed
sales, terminated, cancelled, price adjustments etc., more
sellers would use a VOW.
«ERA Grizzard Real Estate serves as a prime example of our growth strategy in action, as the firm combines
forces with a market leader to add value to buyers,
sellers and the company's independent
sales associates.»