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auction
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∙ 11y ago
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Is property sold to the highest bidder at a trustee sale?
auction
What is the meaning of auctioneer?
A person who sells by auction; a person whose business it is to dispose of goods or lands by public sale to the highest or best bidder., To sell by auction; to auction.
What happens when a leasehold mortgage is foreclosed?
The mortgagor's interest in the lease will be sold at a public foreclosure sale to the highest bidder. The winning bidder will then have the right to occupy the subject premises under the mortgagor's lease, for the remainder of the lease term. The ownership of the premises will not change. The foreclosure sale proceeds will be paid to the Sheriff, who will deduct his fees, with the balance of the sale price paid to the foreclosing mortgagee.
Is auction a pronoun or a common noun?
The word 'auction' is a common noun, a general word for a public sale in which goods or property are sold to the highest bidder; a word for a thing.A pronoun is a word that takes the place of a noun in a sentence.The pronoun that takes the place of the noun 'auction' is it.Example: The auction is on Saturday. It starts at ten.
Does a bidder on a mortagee in possession property have any rights when the mortagee in possession or his agent accepts a lower offer for no cogent and valid reason?
Probably not. If the property had been offered for by the government in satisfaction of a tax lien, the absolute highest bidder would have been the winner (subject to redemption clauses, of course) but if it was a private sale, there may be other factors entering the negotiations that you may not be aware of. If you wish to insitigate a civil suit, you would have be able to prove that the sale was fraudulent or a sham.
I know that public sale means at auction. What is the definition of the term private sale versus public sale of real property in a will?
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A sentence using the word for sale?
I have invented a new word that is too good to give away so I'm going to offer the word for sale to the highest bidder. "Did you know that the cookie family is having a yard sale?"
What is a sheriffs sale?
A sheriff's sale is a sale which is held when property is seized as the result of a judgment against someone. The property is held by the sheriff and can be sold after notice is given to the public.
What were the two slave auctions called?
The standard practice seen in a livestock or fine arts auction today in which the highest price bid at auction obtained the property. In other words, the product was sold to the highest bidder. The second type was more of a wholesale auction which was used to rid the slaver of any excess inventory or damaged goods. This was referred to as a Grab and Go auction. It was more of a fire sale or going out of business sale.
Do you know a good auto website where I can sell my car?
You can alays put your vehicle up for sale at www.ebay.com,and let the highest bidder in. Placing a free classified ad on craigslist.org,is another way to sale your vehicle online.
Where can one find a Ford F 150 for sale?
One could find a ford F 150 for sale on an auction site that allows buyers to place bids on items and sellers to sell to the highest bidder. This would be the best place to find such a car for sale.
How do you know a bank is being honest when you try to buy a foreclosure property and they say they have another bidder so go higher?
If it is a regular sale negotiation, the potential buyers will not know for sure what other potential buyers have offered for the property. Offers can be kept confidential between the buyer and lender, unless either party wants to disclose to another person the amount of the offer. Thus, there is no way to know for sure if the bank has another, higher offer for the same property in foreclosure. Either call the bluff by walking away, or submit a better offer if it is still within your price range. In a foreclosure public auction, where properties are bid on for the highest price, the bids are usually taken out loud or read aloud by the county sheriff, and the highest bidder wins -- there are no other negotiations.
