Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about sheriff sale: | |||||||||||||||||||||||
Housing Affordability: Why the Differences?
January 4, 1999 "My financial planner said I could afford to spend $250,000 for a house, my real estate broker said $280,000 and a calculator I found on the internet said $295,000. How come these large differences?" The affordability calculation is fairly complex ... more... Options When Equity in Your Home Is Gone April 23, 1999 I have been transferred and need to sell my home. The market has gone down and I owe more than the home is worth. Is there any relief available to allow me to avoid paying the difference to the lender at the time ... more... |
|||||||||||||||||||||||
sheriff sale related definitions |
|||||||||||||||||||||||
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... Tax Sale Tax Sale Property on which current county taxes have not been paid is "sold to the state." At this stage no actual sale takes place - the title is transferred to the state and the owner may redeem it by paying taxes, penalties and costs. If it has not been redeemed ... more... |
|||||||||||||||||||||||
More about sheriff sale Housing Bill - Changes in the Right To Buy Scheme For Sale by Owner - FSBO Are You Risking The Relationship for the Sale -- And Then Losing the Sale Anyway? Hows and Do'nts of Structuring a Business Note for Sale Practical Advice for Finding Irish Castles for Sale Why Mobile Homes? Are You Overlooking Your Hidden Profit Centers? The Ultimate Short Sale Secret Home Owners In Trouble! The Real Estate Bubble, Rising Interest, and Variable Rate Loans Concern Fed Buying Houses: Types of Bargains to Find
|
|
||||||||||||||||||||||
|