answersLogoWhite

0

A short closure of contract is typically called a short sale. In a short sale, the owner works with the bank to sell the property at a price less than the market value. The goal is to get as much of the loan paid as possible. The owners owe the bank the difference between the sale price and the loan amount whereas in a foreclosure the buyer just walks away and owes much more.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

How a kaleen closure is different from positive closure?

The main difference between Kaleen closure and positive closure is; the positive closure does not contains the null, but Kaleen closure can contain the null.


Can you stop foreclosure you have cancer?

I think this is not a good reason for stopping closure. The best to stop foreclosure is to prevent it in occurring at the first place.


What is a motion to compel foreclosure?

If it can be proven that a bank is deliberately stalling the foreclosure, attorneys for the owner or condo association can ask for a motion to compel and have the court make the foreclosure immediate. This is happening in current cases where foreclosures drag on for years with no closure.


What rhymes with exposure?

closure, crozier, losure, mosher, mosier composure, disclosure, enclosure, foreclosure, inclosure overexposure


What is the difference between occluded and dissected vertebral artery?

Dissected means cut up while occlusion is a closure or obstruction.


Who is the current voiceover artist for SoapNet?

I don't know who she is. She will continue her contract with NBC at SoapNet's closure.


How do you Calculate the azimuth closure?

To calculate azimuth closure, first determine the azimuths for each leg of your traverse using the initial bearing and the angles turned at each station. Sum all the azimuths to find the total azimuth. The azimuth closure is then calculated by taking the difference between the sum of the azimuths and the azimuth of the starting point, adjusting for 360 degrees as necessary. A closure value close to zero indicates a well-closed traverse.


What property of polynomial subtraction says hat the difference of two polynomials is always a polynomial?

Closure


What is the closure of the set?

it is the closure of the set


You did not sign contract dealer tryed to force closure of the deal?

Stand up, walk to the door, open it, and leave. Never ever tolerate these type sales tactics.


Is the closure on the Adult Adam and Eve costume a zipper closure or velcro?

There is a zipper closure.


What part of speech is closure?

Closure is a noun.