Word: biddinger
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Dates: during 2000-2009
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Consider that courthouse auction. When a homeowner loses a house to foreclosure, the property is publicly auctioned on the county courthouse steps in an atmosphere that's often chaotic and crowded with lawyers, bank representatives and onlookers. A folio number is called and the bidding begins. Within a minute, the...
In these sales, you know the title is clean and clear, you can finance the purchase instead of paying cash, and you have the chance to tour the house before bidding. One company, Williams & Williams, even holds auctions at the properties themselves. The trade-off is a much lower return...
Still, if you're new to foreclosure investing, bank-owned properties are the way to start. "We highly recommend people flip a few REOs first to get their education," says Beitler. Yet even before that, experts say to attend a number of auctions having researched specific houses - dry runs without...
Two million euros a day. That's the amount of money Alitalia, Italy's national airline, is now hemorrhaging. That nice (or, rather, nasty) round figure succinctly quantifies just how dire the carrier's crisis has become. Alitalia's troubles are nothing new, of course, as the government-controlled company...
It's unlikely that the PJD will translate its promising opinion survey results into a parliamentary majority in this election. Extensive gerrymandering may leave the Islamists with the highest number of seats but without enough to form the next government. Will the monarchy nudge other parties to form a governing...