what is an upset property sale?
98643
I think it is a tax sale where it is still subject to all liens and mortgages. Where they don't get wiped clean.\n\nhere is a link to a notice of one in pensylvania\nhttp://www.co.monroe.pa.us/monroe/cwp/view.asp?a=1516&q=605391
1138362
The Federal government does not collect property tax. So, there are not property tax sales.\n\nYou can find income tax forfeiture sales online by accessing the IRS online at the link below. You can also find other Federal government auctions by following related links once you latch onto the IRS'.\n\nI don't believe the Town of Athol auctions properties through a lien foreclosure sale. The town may acquire a property through non-payment, ad later decide to sell the property through the Board of Selectmen or Town Meeting. You need to contact the Athol tax collector for the process.
918453
It is hypocritical to want to benefits of a jump in property value (ie, large sales profit) and not be willing to accept the negatives as well.
920547
It appears that you are dealing with a probate issue as well as issues related to ownership of property. \n\nI would suggest that you seek legal advise, in the form of a lawyer, or mediator. The legal issues are complex and technical, as the will will likely will have given direction, but clearly has not resolved issues. this will therefore have to be contested, and unless the other parties are willing (which does not appear to be the case) this will become a complex and time consuming situation.\n\nAt $ 100. to 150. per hour (or more) you can see that it would become very expensive to resolve this matter. \n\nanother approach may be to suggest to the other parties to have the property appraised by certified appraisors (not realtors)\n(each party to do their own) and agree that the average is the base price to work from, and then to use this number as the value from which you all negotiate a buy out at terms that work for all parties.\n\nKeep in mind that neither of the parties may be able to come up the money to buy any one or more parties out,so it may require each of the parties to become creative and allow for some private mortgaging to one or an other.\n\nI assume you are all family in some fashion or another, so the emotional side of all this is another consideration and may make my suggestion something that allows each of you and the respective family to move forward and keep relations civil and constructive.\n\nTher is likely little incentive by the parties using the property to resolve the matter, but if everything else fails the courts will have to resolve the matter, and trust me "everybody will LOOSE".\n\nGood luck
609653
Don't compound your error by trying to buy back that particular house.  It sounds like an emotional decision based on an emotional loss of the house in the first place.  Don't let your emotions rule this financial deal--go look at other houses and move on.
1050365
you pay a high price for a house not worth that much,  you pay a down payment instead of a deposit.\n\nAnd the perosn who sold it trys to find any reason to repo it, since he can sell it all over again
925469
Generally used when a property is sold at auction by a court order, either as a result of a judgement in a lawsuit being executed against the property, or a tax sale. \n\nBasically it's a limited warranty deed.
169483
An atty or paralegal should answer this, but if not, my understanding is that it is a suit brought by a party to divide up an asset--like real estate. Since it can't be physically divided up in a manner that doesn't destroy its value, the partition lawsuit represents a motion to have the property sold and the PROFIT divided up, which leaves the asset undamaged, you might say.
746625
You should. Real Property is Real Property. The danger could arise if the property was overpriced.
929924
Sale of immovable property\n\nA sale is transfer of ownership of property by one living person to another living person for a mutually agreed price paid or promised or part paid or part promised. The Contract Act, the Transfer of Property Act, the Registration Act, the General Clauses Act, and acts of local bodies govern it. It is transfer of all the rights, title and interest with easements and privileges of the seller to the buyer, for the latter's use of the property as the absolute owner. \n\nSale deeds \n\nThe instrument of sale perfected by execution and registration is called Deed of Sale. The word 'convey' is also understood as 'sale', thus a deed of sale is also known as deed of conveyance. And both the seller and buyer must execute the deed of sale. \n\nA seller, a buyer and the description of the property to be sold, are the most important ingredients in a sale. Other key points are that it must be a transfer; and such a transfer must be of full ownership. The sale consideration would be the price paid or promised to be paid. \n\nTransfer of property \n\nThough a sale is a transfer of property, every transfer of property is not a sale. This is because a property can also be transferred to a person by way of lease, mortgage or gift. In these cases, the transfer is for a limited period only and no buyer or seller is involved. The seller must have a clear and marketable title to the property and must be competent enough to convey the property and should not suffer from any disability. He must be a person, major in age and of sound mind, and if the property is not his own, he must have the authority to transfer it. \n\nTitle to property \n\nThe title to property on sale must be free from all encumbrances, claims and court proceedings. One must note that encumbrance on a property will not make a title marketable. Existence of encumbrance found after completion of sale obligates the vendor to indemnify the purchaser, and an encumbered property cannot be forced upon a purchaser. \n\nThe document of title is said to be defective if there is a pending court case, a demand on the property easement right, or acquisition proceedings. As regards sale of property of a minor, permission must be obtained from the court concerned, as a minor cannot enter into a contract. However, in case of sale to a minor, it is enough if a guardian represents him, after obtaining the court's permission. \n\nExecuting a sale deed \n\nThe execution of a deed of sale and payment of the sale consideration are mutual. A sale deed is always executed against payment of the price and this is the essence of contract for sale. Payment can be made on a date mutually agreed, which may be a future date after registration of the sale deed. However, payment by way of gold ornaments or other valuables of equivalent amount may satisfy a seller but the law would look at it as 'barter' and not as sale. Therefore, price payable for sale of property should be in terms of money only and not otherwise. \n\nAccording to the Transfer of Property Act, sale of a tangible immovable property of value below Rs 100, can be effected either by a registered document or by delivery of the property, If, however, the value of the immovable property exceeds Rs 100, registration before the registering authority concerned is mandatory. In a situation where a sale of an immovable property of value exceeding Rs 100 is made under an unregistered deed and the possession is delivered, the purchaser will not be able to claim legal ownership of the property for the simple reason that the deed is not a registered document. \n\nA sale deed perfected by execution and registration will not make the sale valid. The important elements of sale as stated must be present in a sale deed. If, for example, the price of property were not determined, even though the sale deed may be perfected by registration, it would be invalid in the eyes of the law. \n\nTypes of transfers
1106009
The earnest money is returned to the buyer as long as the failure to close was due to contingencies included in the Contract to Purchase not being met or removed due to no fault of the buyer. \n\nMake sure you read your REPC(Real Estate Purchase Contract) in detail .\nhttp://www.lendermark.com
1131290
Your question is incomplete! \n\nAre you asking for or offering property valuation?
321369
That's not for any purchase.  I believe its only for any contract that you have signed when someone has come to your house.\n\nits a 3 day "cooling off" period.
949782
I have seen them in action in the state of New Jersey. I found that there were many realtors, and developers there, and other professionals that were prepared to gobble up the bargains for re-sale. I would not partake in this type of purchase.
1103345
check the internet "real estate" then go to foreclosures that should give u a list in yur area, see what stage the the property is in auction u must have cash the auction is usally held on the court house steps
817193
Property sales are down everyplace, but prices are up in some areas even though sales are down. I think this a buyers market. Buy low and sell when it turns around in five to ten. In general I think this always works.
753231
They will usually take the meter readings if the property in question is occupied on the day of its sale/exchange. The services may be turned off if the property has been unoccupied for a period of time.