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Q: When are contracts exchanged when a property is sold at auction?
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Is property sold to the highest bidder at a trustee sale?

auction


Can the person who holds the property sold in a bankruptcy auction charge boarding and not release livestock sold?

It will depend on how the bankruptcy auction paperwork was filled out as to whether or not a person that holds the property can charge boarding and not release the livestock that was sold. Contact a local lawyer that knows your states and local laws regarding this issue.


Which term is defined as legal process in which mortgaged property is sold to pay the loan of the defaulting borrower?

Auction.


What's the difference between a foreclosure auction and a regular auction?

A foreclosure auction is a forced auction. The person who used to own the property being auctioned owed either the bank or the government money. For not paying the money back, their property is sold at auction to satisfy their debt. A regular auction could be anything and isn't necessarily to pay off debt, but usually to make a profit.


How can you buy a house after it has been foreclosed and not sold at auction?

You can contact the lender or lien holder who foreclosed on the property and make your offer to them.


Where is it possible to learn about the commodity market?

Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.


How do you find out how much a vehicle sold for at a auction?

Each auction puts out a list of cars they sold and the price they sold for.


Are property taxes owed to the state from the owner when a property is foreclosed?

Property taxes are paid to local governments like counties, not states. If a property is sold at foreclosure auction, usually the county property taxes are paid first out of any proceeds from the sale.


How can a lawyer help you keep your house after sold at auction?

If your house is sold at auction, it is now the property of the buyer. You become like any other person who might want the house. A lawyer might be able to negotiate terms with the buyer, but it is more likely that your house is gone.


What is a government tax foreclosure property?

It is property "seized" by the government for non-payment of taxes or in satisfaction of a tax lien. It can either be converted to government use or sold at auction to raise revenue.


What are commodity trading charts used for?

Commodity trading charts are used for raw or primary products are being exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.


How did a slave get sold?

Slaves were typically sold at auction.