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The real estate default rate is the rate of borrowers that fail to remain current on their loans. When a homeowner is in default, their house may be in danger of being foreclosed on.
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What does standard settings mean in computer terms?
default standing
What does SPC mean in hockey?
Standard Player Contract
What does 'deemed to be in default' mean?
It means you have not complied with the terms of a contract, for instance, you have not made the scheduled payments on a loan.
What does contract pending mean realestate?
In real estate, "contract pending" means that an offer to purchase has been made and tentatively accepted. The contract is in the process of being finalized and signed by both parties.
What does an active release clause mean when buying real estate?
An active release clause is a part of the contract between the Buyer and Seller allowing for the termination of the contract based on the specific terms detailed as part of the contract.
Must a parent with lifetime rights sign sale contract?
You mean a contract to sell a property in which the parent has a life estate? No. If the children want to sell their future interest in the property, it is separate from the rights of the parent with a life estate. Similarly, the children do not need to be asked if the the parent wants to sell (or mortgage) his or her life estate to someone else. On the other hand, if the buyers want clear title, with no life estate, then you have a different problem: terminating the life estate, by merging it with the future estate, and what's in it for you?
What does the term private water well mean in a real estate contract?
it means that somebody is having a little privacy next to a well filled water
What does foreclosed real estate mean?
Foreclosed real estate is a property which may or may not include a domicile that was repossessed by a bank or other lender organization because the original leinholder went into default either directly with the bank or to a third party (i.e. the state)
Correct meaning of default in computer language what is the meaning of default?
In computer Language the meaning of "default" would mean standard settings, but the actual word has a different meaning when used in a general sentence, for example : He won that game by default. When you use default in that sentence it states that he won by fault, either penalty or whatever, but that is what default actually means, yet in the computer language it stands for standard settings basically.
What does default amount mean?
the number the item in question is set to automatically
What does default notice not entered mean?
What is next after notice of default is entered
What does ff e mean?
furniture, fixture, and equipment is what the industry standard is in commercial real estate I'd say it's applicable in this case as well
