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Middletown home sold for $3.4 million tops latest sales and more Newport County real estate. Gannett. Newport Daily News. November 20, 2024 at 2:01 AM. ... Real estate transactions are provided by ...
179 Newport Beach Dr Unit 39B, $137,500, B: David F Martin RET & David F. Martin Tr, S: New Beach Club LLC 634 Park Ave, $469,000, B: 215 Tollgate Realty LLC, S: Robert L. Drake
Real estate transactions are provided by the Warren Group. This article originally appeared on Newport Daily News: Newport County real estate: Newport home sold for $4.1 million Show comments
REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage. Depending on the type of foreclosure proceeding, the sale may be administered by the courts (judicial foreclosure) or by an appointed trustee (statutory foreclosure). Proceeds from the sale are used ...
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 ...
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