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Mortgage Professor about bid acceptance: | |||||||||||||||||||||||
Mortgage Auction (or Lead Generation) Sites
May 20, 2002 I Do Auction Sites Work For Borrowers? "You have discussed internet referral sites and individual lender sites, but I don?t see any reference to Lending Tree, which does a lot of advertising. Where does it fit?" Lending Tree is what I call ... more... What Should I Do With Mortgage Spam? May 3, 2004 "I have one email message offering a 2.95% mortgage, and another saying that poor credit is not a problem. Should I take these seriously?" Follow my lead and take them to the delete bin. When I log onto my computer in the morning, I might find 100 ... more... |
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bid acceptance related definitions |
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Sheriff Sale
Sheriff Sale The sheriff's sale is a public auction held at the courthouse door, and anyone can bid on the property. The property is sold to the highest bidder and the proceeds are used to pay for the costs of the sale and to pay off the mortgage. A deed given at the ... more... Agreement of Sale Agreement of Sale A written signed agreement between the seller and the purchaser in which the purchaser agrees to buy certain real estate and the seller agrees to sell upon terms of the agreement. Also known as contract of purchase, ... more... |
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