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  2. No-reserve auction - Wikipedia

    en.wikipedia.org/wiki/No-reserve_auction

    A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [1] [2]From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of a bargain. [1]

  3. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    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 ...

  4. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    A No-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [60] [61] From the seller's perspective, advertising an auction as having no reserve price can be desirable because it potentially attracts a greater number of bidders due to the possibility of a bargain. [60]

  5. Kim Zolciak and Kroy Biermann’s Georgia Home Put Up for Public Auction The estranged couple, who met on 'The Real Housewives of Atlanta,' first listed their Alpharetta mansion for $6 million in ...

  6. Buyer's premium - Wikipedia

    en.wikipedia.org/wiki/Buyer's_premium

    Major auction houses have levied the buyer's premium for several decades, particularly in fine art auctions, with percentages in the region of 10–30%. [2] In real estate auctions in many European countries, the buyer's premium, if charged at all, is much less (2–2.5%). More recently in the UK, however, repossessed properties have been ...

  7. Concierge Auctions - Wikipedia

    en.wikipedia.org/wiki/Concierge_Auctions

    [26] [28] Two days after the auction produced no bidder offering above the reserve price of $13 million, Jordan put his home back on the conventional real estate market in December 2013 asking for $16 million. [26] As of May 2020, the home is on the market for $14,855,000, the digits of which total 23. [29]

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  9. Is the housing market going to crash? What the experts ... - AOL

    www.aol.com/finance/housing-market-going-crash...

    A total of 31,929 U.S. homes had foreclosure filings — default notices, scheduled auctions or bank repossessions — in July 2024, according to the latest numbers from ATTOM Data Solutions.

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