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Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...
Bid4Assets has conducted tax sales via online auction for more than half of the counties in Washington. In October, 2010, Bid4Assets hosted one of the largest online real estate auctions in the history of the United States in which over 13,000 properties located in Wayne County, Michigan, were auctioned due to unpaid real estate taxes. [11]
A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority.
NJ real estate: NJ's most expensive home for sale is in Colts Neck.Here's what $28M will buy you. "We just want to make sure we can properly vet (the nonprofit groups) to ensure they are the types ...
The 1990 Regulations on Granting Land Use Rights dealt further with this followed by the Urban Real Estate Law (adopted July 5, 1994), [42] the "Security Law of the People's Republic of China" (adopted June 30, 1995), and then the "Urban Mortgage Measures" (issued May 9, 1997) [43] resulting in land privatization and mortgage lending practices.
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A stalking horse offer, agreement, or bid is a bid for a bankrupt firm or its assets that is arranged in advance of an auction to act, in effect, as a reserve bid. [1] [2] The intent is to maximize the value of its assets or avoid low bids, as part of (or before) a court auction.
Sep. 24—Division of Real Estate and Professional Licensing amps up customer service COLUMBUS — The Ohio Department of Commerce Division of Real Estate and Professional Licensing is excited to ...
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