Foreclosure

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Key Questions to Ask in a Residential Rental Application A rental application is more than just a means of gathering data on paper. It is a document ... (ARTICLE) Creditors' Rights in Cases of Bankruptcy Creditors often assume they have no rights when their debtor files a bankruptcy claim, but that's often not ... (ARTICLE) Should You Invest in Real Estate? The first rule of real estate investing, even before "location, location, location," is be very careful with whom ... (ARTICLE) Can an E-mail Agreement be a Binding Contract? Much of today's business is conducted over email, and it's possible to bind yourself to a contract through ... (ARTICLE) The Lowdown on Home Equity Loans Home equity loans are loans against the value of your home. If you are still paying off a ... (ARTICLE) Why File for Bankruptcy? The major factors in deciding whether or not to file for bankruptcy are the amount of serious debt ... (ARTICLE) Like a good neighbor, default servicers are there ... Default servicing is not exactly a household word. But as more than 3 million homes clog the nation's ... (PERIODICAL ARTICLE) Long Island Financial Briefs: October 3, 2008 Mortgage group helps homeowners via the Web The Mortgage Recovery Group, a group of local lawyers that counsel ... (PERIODICAL ARTICLE) Melville's Lend America bucks trend, looks to buy up mortgages With most of Wall Street unloading as much bad debt as possible, Melville's Lend America is using that ... (PERIODICAL ARTICLE) Main Street Finance: A Review of the Last Year The last twelve months have been very tough on small business throughout the United States. Millions of Americans ... (BLOG POST) Beware of Adjustable Rate Mortgages Risky mortgage products are still being sold. You must decide whether they offer the best way for you ... (BLOG POST) What is Conservatorship? This question is, no doubt, prompted by the fact that Fannie Mae and Freddie Mac have been placed ... (BLOG POST) Although investors are less confident in U.S. capital markets than they... Although investors are less confident in U.S. capital markets than they were a year ago, 70% or more ... (PERIODICAL ARTICLE) N.O. area foreclosure filings up 4 percent While U.S. foreclosure filings were up 27 percent in August compared with August 2007, activity was up 4 ... (PERIODICAL ARTICLE) Congress and the president agree on a foreclosure bill IMAGE PHOTOGRAPH 1 In the month of July, one in every 464 homeowners in America received foreclosure notices. (PERIODICAL ARTICLE) Freddie Mac doubles down on foreclosure-prevention incentives. Freddie Mac announced in late July it has informed mortgage servicers that it was doubling the amount of ... (PERIODICAL ARTICLE) The Homeowner's Guide to Foreclosure. The Homeowner's Guide to Foreclosure James I. Wiedemer Kaplan Publishing 1 Liberty Plaza, 24th Floor, New York, NY ... (PERIODICAL ARTICLE) Foreclosure situation may not be as bad as it seems. The dot-com crash of 2000-2002 caused a loss of about 18% of total wealth in the U.S. Now ... (PERIODICAL ARTICLE) 401(k) Hardship Withdrawals Increase with Employee Economic Woes The IRS says that hardship withdrawals can be taken from 401(k) plans for “immediate and heavy financial need.”... (BLOG POST) Which Start-Up Funding Source Works for You? Every business presents distinct funding opportunities. What special attributes will you use to attract start-up cash? (BLOG POST)
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Definitions for: judicial foreclosure or judicial sale

Dictionary of Business Terms

judicial foreclosure or judicial sale

having a defaulted debtor's property sold where the court ratifies the price paid. For example, XYZ Mortgage Company is owed $50,000 on a first mortgage by Mr. Baker. At judicial foreclosure, XYZ Mortgage Company bids $30,000 for the property, which is more than anyone else bids. They then claim the property and are awarded a $20,000 deficiency judgment against Mr. Baker.

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American Agriculture Movement
Family farmers and ranchers concerned with governmental agricultural policy. Seeks to: establish a mechanism through which farmers can initiate and approve changes in federal agricultural policies; ensure that foreign and ...

Founded: 1977
Dues: regular, $100 annual.

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National Association of Certified Valuation Analysts