What Does A Foreclosed Home Mean

Do you have any concerns about the home's condition?. Banks typically price foreclosures at market value, which means you can expect to pay the asking.

What Does HUD House Mean? | Sapling.com – After foreclosure, the mortgage lender submits a claim to the FHA and the home’s title transfers to HUD. Finding a HUD House. A HUD house is listed for sale through a local real estate broker or agent contracted by the department. Agents promote HUD homes much like they would other foreclosures and non-foreclosed properties.

what does bank owned mean and foreclosure mean, are those good homes to buy? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

Foreclosure – Wikipedia – Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)’s equitable right of redemption, either by court.

What is FORECLOSURE? What does FORECLOSURE mean. – A strong job market is the main reason foreclosures have become much less. When you buy a repossessed home at auction, you usually can't enter the. They mean it when they say they're selling the property as-is.

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Foreclosure is the process the bank uses to convert the ownership of a property to someone or something else (like the bank) after the mortgage holder defaults on the loan agreement they made.

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Metrobank Nationwide List Of Bank Foreclosed Properties. – I received a real estate foreclosure listing of Metrobank’s bank foreclosed properties for sale from Jennifer Ong, a freelancer. I am now posting the listing after getting permission from Jennifer, and I would also like to give thanks and due credit to Jennifer for letting me post this list of foreclosed.

What Does CNTG/KO Mean? | Sapling.com – Contingencies with a Seller Kick Out. Sellers do not want to wait around forever for the buyer to make good the contract contingency, so contracts with a contingency that could go on indefinitely, such as a contingency for the sale of the buyer’s home, often come with a "kick-out" clause.

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