answersLogoWhite

0

"Bond approved" on a foreclosure indicates that a court has authorized a bond, which is a financial guarantee, typically required to proceed with the foreclosure process. This bond serves to protect the interests of the parties involved, ensuring that any claims or damages arising from the foreclosure can be compensated. It often signifies that the foreclosure is moving forward and that the necessary legal and financial requirements have been met.

User Avatar

AnswerBot

3mo ago

What else can I help you with?

Related Questions

Can you get approved for a home after foreclosure?

You are typically off the market for about 3-4 years after a foreclosure.


How can I purchase a home that is in foreclosure?

Purchasing a home in foreclosure is easy. Contact the agent that has the property listed for the bank, submit and offer, have an inspection and close on the house if your offer is approved.


What does 'case disposed' mean in regard to a foreclosure case?

It means that the legal aspect of the foreclosure has been finished.


What does dismissed without prejudice mean when you are in foreclosure?

dimiss the foreclosure action without prejudice and release the lis pendens! what does this means please!


Is my 401k and IRA protected from foreclosure?

If by "foreclosure" you mean that the mortgage lender is taking your home back, yes they are prtected. However, if you really mean BANKRUPTCY, no, they are NOT protected, since they are assets you can use to reimburse your creditors.


What does va approved mean?

Veterans Affairs or Veterans Administration approved.


What does it mean for it to be ratified?

approved


What is a foreclosure dismissal?

Foreclosure dismissal is a simple foreclosure challenge that can be filed to the foreclosure complaint even without an attorney.Added: A foreclosure dismissal is a court order dismissing a foreclosure action.


What does O.A.C mean?

Usually "on approved credit" Means if you're approved you get credit


What does dot approved mean?

It means something has been approved by the Department of Transportation.


What does order to docket mean in court?

Is the initial documents filed with courts to initiate a foreclosure in Maryland. It's equivalent to a Notice of Default which too is filed to initial foreclosure.


What does it mean when a condo is in a foreclosure?

When a condo is in foreclosure it means that a lender is trying to recover funds from a borrower who has defaulted on their loan. The lender claims possession of the property to satisfy the debt.