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Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers. [1]
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From Season 1 to Season 3, Casey, who is Cody's cousin moves houses for the Young Guns. Beginning in Season 3 he takes a more active role and moves and flips houses with the Young Guns. From season 4 onward, Casey partners with Catrina who was previously featured as a contractor for the Snow sisters and they continue on as business partners.
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Increasing foreclosure rates increases the inventory of houses offered for sale. The number of new homes sold in 2007 was 26.4% less than in the preceding year. By January 2008, the inventory of unsold new homes was 9.8 times the December 2007 sales volume, the highest value of this ratio since 1981. [ 78 ]
Wexford, also known as Kennedy Retreat at Rattlesnake Ridge, is a 167-acre (0.67 km 2) ranch amid the Blue Ridge Mountains in unincorporated Marshall, Virginia, located 4 miles (6 km) northwest from Middleburg (about 50 miles (80 km) from Washington, D.C.).
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