Sentences with phrase «which auctioned a property»

Along with unforeseen repair and renovation work, delinquencies such as back taxes and liens (which auction properties often have attached to them, either by the IRS or state or other creditors) can add further costs to an otherwise desirable house.

Not exact matches

The key to fixing Skype, which eBay (EBAY) struggled to integrate into its auction site, was to win over the company's mercurial founders, Niklas Zennström and Janus Friis, who actually owned the rights to the software underlying the service — without that intellectual property, it would be impossible to unleash Skype's potential.
Documents filed in a Richmond, Va. bankruptcy court on Monday revealed the retailer will be cancelling an auction for its 82 Canadian stores and seeking approval on Tuesday to sell them to Toronto - based Fairfax Financial Holdings Ltd., which is involved in property and casualty insurance and reinsurance and investment management.
Snell Real Estate in Los Cabos, which has more than 50 multilingual realtors and support staff, says the alliance with the luxury real estate auction firm, which specialises in multimillion - dollar property sales, will help boost marketing and sales option to its clients.
He also recalled his October cease - and - desist letter to the Donald J. Trump Foundation, which came amid reports that it lacked licensing to raise money in New York State and that it had expended donor funds to settle personal lawsuits against Trump, and to purchase portraits of him at charity auctions that he later used to decorate his business properties.
In other situations in which governments have handed out property rights to private entities — such as licenses for the new, so - called third - generation cell phones — administrators have not encountered such severe political opposition to auctions because industry is not already exploiting the public assets.
These risks and uncertainties include, among others, those relating to our ability to obtain financing and to form collaborative relationships, uncertainty regarding potential future deterioration in the market for auction rate securities which could result in additional permanent impairment charges, our ability to develop and market diagnostic products, the level of third party reimbursement for our products, risks related to preclinical and clinical development of pharmaceutical products, including the identification of compounds and the completion of clinical trials, the effect of government regulation and the regulatory approval processes, market acceptance, our ability to obtain and protect intellectual property rights for our products, dependence on collaborative relationships, the effect of competitive products, industry trends and other risks identified in deCODE's filings with the Securities and Exchange Commission, including, without limitation, the risk factors identified in our most recent Annual Report on Form 10 - K and any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10 - Q or Current Reports on Form 8 - K.
But in this case, the mortgage company can carry out an auction of the property rather than having the sheriff's office or local courts do it, which is what distinguishes it from a judicial foreclosure.
Bankruptcy filings: Homeowners may file bankruptcy immediately prior to a foreclosure sale or auction, which further delays a mortgage lender's ability to take title to the affected property.
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.
When a person wins the auction, they become the new owner of the land and property deed, which doesn't have any mortgages or liens.
Home auction companies usually require a fixed minimum bid, which is near the appraised value of the property.
High Loan to Value ratio means that borrowers only command small equity which might not suffice in the event that the property is auctioned off.
If you can not afford this, then the best thing to do is to avoid this and wait for the pre-foreclosure period which happens right before the auction of the real estate property.
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.
As with the February and June auctions in London and May in New York, we have been extremely selective and have focused on fresh to the market property with outstanding provenance, which would appeal to our clients in the current market.»
Art dealers, collectors, auction houses, and major artists such as Gerhard Richter and Georg Baselitz spoke out strongly against the «German Cultural Property and Heritage Protection Law,» which would require that any work valued at or above $ 300,000 and older than 70 years be granted an export license before leaving the country.
WASHINGTON, D.C. / LIMA — Maps published today confirm that land transferred by two oil palm plantations to a Peruvian trust services company, which is now auctioning off these properties, is located in illegally deforested Amazon rainforest.
Maps published today confirm that land transferred by two oil palm plantations to a Peruvian trust services company, which is now auctioning off these properties, is located in illegally deforested Amazon rainforest.
Auction the product is presented requesting an offer for consideration which sets the bid war in motion, It just very well may be that, in the real estate transaction they listed the property for a price they wanted to obtain.
According to Reuters, Pittsfield, Mass. - based KB Toys says it bid about $ 3.35 million for eToys intellectual property assets and services as part of the auction process in eToys» bankruptcy proceedings, which began in March.
Nobel Prize nominee and California Institute of Technology Professor Dr. Charles Plott designed the software, which has not only been used to auction properties, but also to market commodities from natural rubber for United Nations agencies to fishing rights in Australia.
Transact ’99 was capped off by a live commercial property auction, which attracted 400 bidders and spectators, according to auctioneer Sheldon Good & Co..
Pre-foreclosures also include properties for which a foreclosure auction is scheduled.
Properties can be listed for traditional sale or auction, which has been shown to garner an increased number of bids and offers — a national average of 12 per property sold.
Here's another one for you: In December I made an offer on a property which directed that all offers be made online at an auction site.
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.
The second type of auction is one with a published reserve, in which the owner publishes the minimum amount for which the property will be sold.
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.
To prospect for MLS listings that are suitable for auction, simply scan property listings and look for keywords such as «bank owned,» «corporate owned» or REO, which indicate that the listing is a foreclosure.
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'll also want to ask specific questions about the costs of using an auction house, how much you'd net out in a variety of scenarios, and whether you can list a «reserve» price on the property (the minimum price at which you're willing to sell).
A Title Search can be the most important preparation you make when deciding which property to purchase at a county foreclosure auction, tax deed sale, even private auctions from HubZu.com and Auction.com require an independent lien search before placing your bid.
Foreclosure: The legal process by which a lender or creditor exercises its legal rights to sell the property which was security for its loan at public auction and the owner's rights are terminated.
Article 11 The services which REALTORS ® provide to their clients and customers shall conform to the standards of practice and competence which are reasonably expected in the specific real estate disciplines in which they engage; specifically, residential real estate brokerage, real property management, commercial and industrial real estate brokerage, land brokerage, real estate appraisal, real estate counseling, real estate syndication, real estate auction, and international real estate.
Bidding on a property at a foreclosure sale usually requires an all cash bid, by cashiers check which must be paid in full at the end of the auction.
RealtyTrac ® recently released its U.S. Foreclosure Market Report ™ for November 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 180,817 U.S. properties in November, a decrease of 3 percent from October and down 19 percent from November 2011 — marking the 26th consecutive month with an annual decrease in foreclosure activity.
RealtyTrac ®, a leading online marketplace for foreclosure properties, recently released its U.S. Foreclosure Market Report ™ for May 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 205,990 U.S. properties in May, an increase of 9 percent from April but still down 4 percent from May 2011.
I'm ready to make bids on a particular counties» auction which has 2,700 properties up.
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In Episode 10 of Premiere Pulse, Ed Kaminsky walks us through Premiere's Auction Data Form, which is filled out by a potential auction candidate's listing agent and is key to determining whether a property is a good fit for the auction pAuction Data Form, which is filled out by a potential auction candidate's listing agent and is key to determining whether a property is a good fit for the auction pauction candidate's listing agent and is key to determining whether a property is a good fit for the auction pauction process.
The properties are being marketed as part of a bankruptcy auction process, which is subject to court approval.
Often customers that choose a conventional listing first, ask to switch to an auction later if their property isn't selling, which is ok too.
The home will be sold in a reserve auction, which means a financial minimum must be met for the property to be sold.
Eight California real estate investors will plead guilty to a bid - rigging scam in which they purchased foreclosed properties at auctions, federal officials say.
«The excitement of winning a home at a very low price is what keeps homeowners and investors coming back to auctions,» a spokesperson from RealtyTrac, which tracks foreclosed and defaulted properties, tells Mashable.
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