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Frequently Asked Questions

What happens if the property is not sold in the auction room?

Sheffield City Council - Auction FAQ's
If you are interested in buying an unsold lot, you can speak to the auctioneers after the auction or subsequently contact the surveyor dealing with the property.
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What is sold at the auction?

Public Administrator
All types of personal property--Automobiles, jewelry, collectibles, clothing, furniture, tools, electronics, bric-a-brac. Literally, anything a person could conceivably own.
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How could I finance a property sold at auction?

Premier Property Auctions - FAQ
If you have a property to sell to partly fund the purchase, a bridging loan may offer a solution. Try www.google.co.uk for providers. If you are looking just for finance there are specialist companies who offer commercial or but-to-let products which may suit your requirements. Return to Top
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Why is property sold?

Public Administrator
If an estate is solvent and there is sufficient cash to pay claims and expenses, the Public Administrator does not ordinarily sell real property, securities or jewelry without the permission of the known heirs. Real property poses a problem since it is usually vacant and should be sold as soon as possible.
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Can a property owner whose property was sold at an auction get that property back?

FAQs- Hill County Appraisal District
Yes. A person can redeem the foreclosed property within six months after the purchaser's deed is filed for record. The old owner must pay the new owner the purchase bid for the property, plus recording fees, amount of any taxes, penalties, interest, and costs on the property, plus 25 percent of the aggregate total.
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What happens if my property is sold for less than the amount I owe?

Seniors Loans | Frequently Asked Questions
Some lenders provide a 'No Negative Equity Guarantee', which means you will never owe more than the value of your property and you will never be asked to sell the property at any time, provided the Terms and Conditions of the Reverse Mortgage have been met. You or your estate will not be asked to make up the difference.
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What happens if my property is sold for more than the amount I owe?

Seniors Loans | Frequently Asked Questions
All money available after the sale of your property and the repayment of the loan naturally goes to you or your estate. The Reverse Mortgage, interest, fees and costs are deducted from the sale proceeds.
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What happens if my property is put on the market or sold?

Tenant FAQs | Bayleys Realty Group
If your property is put on the market you must be given written notice of this. If your property is sold and the purchaser does not wish you to remain as a tenant in the property you must be given 42 days written notice of this.
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What happens when a property is sold or leased?

Frequently Asked Questions | Drivebuy Technologies - Real Es...
It is your responsibility to update your message so that interested customers will receive a message such as "This property has been sold - Thank you for your enquiry. Contact me for similar listings...." Move the Drivebuy sign from the property and update the ad to reflect a new listing, or simply deactivate the ad.
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What happens when my home gets sold at auction?

SELL YOUR HOME !  SAVE YOUR CREDIT !
You have a 60-day redemption period during which you can pay the delinquent amount plus any late and legal fees. If you don’t do this, you will be evicted.
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What happens to the property website when the property is sold?

URBAN FEATURE - NEW
Once the property is sold, you may log in to Urban Feature using your email and chosen password and click "Edit an Existing Listing". From here you may find the sold listing and remove it. Return to Top
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If the show is sold out can you buy standing room?

Frequently Asked Questions
Yes, when there is standing room, the tickets go on sale at show time; the price of the ticket is the same as general admission. In addition, if we get any refunds, we will sell the tickets first to the people on the standing room line, who then, in turn, can be seated...
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How is property sold in the estate?

Public Administrator
All sales are governed by the California Probate Code. All probate assets are appraised by a Court appointed appraiser. The law imposes certain restrictions on the sale of assets for less than their appraised value. All personal property is sold at auction by open bid to the highest bidder. Securities are sold without notice. All real property is sold only after notice of sale and confirmation by the Court. Real property is sold onsite and sales are confirmed in court.
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What types of property are sold?

Public Administrator
The types of properties range from unimproved land to apartment buildings, to highly desirable single family residences.
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If my property has been sold at a tax sale auction, do I have the right to redeem my property?

Tax Sale Frequently Asked Questions
Yes. All property owners have the right of redemption for six months after the date of the sale. To redeem, all taxes, charges and fees must be paid by cash, certified check, money order, or by using the "Fast Track" automated phone system's credit card option (MasterCard/Discover).
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What happens to any property not sold at the Real Property sale?

Real Property - Frequently Asked Questions
Not every parcel sells each year. Sometimes a parcel may go through several sales before it is purchased. Each year our office visits the site and determines if the property could be used by the County, City or municipality for a public purpose such as a park, ambulance station, or community project.
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Why should I auction my property?

Rbuy - Online Real Estate Auction
The online auction is the best method for obtaining the ''fair market value'' of a property. Letting all qualified buyers openly bid for your property is the only way you can be assured you will get the fair market price. (See: Seller Benefits )
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What if I sold my property last year?

Collin County Tax Assessor and Collector: FAQ
The person who owned the property on January 1st of the tax year is personally liable for the tax, even is he/she sold the property during the year. Let the buyer beware; however, that the lien follows the property.
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I have sold my property what do I do?

Township of Guelph/Eramosa - Frequently Asked Questions
If you have sold your property or purchased a new property within the Township of Guelph/Eramosa please notify our tax department. If you are using the telephone banking system, please ensure you change your account information to reflect the new property address. If you were registered for our pre-authorized payment plan, please notify our office in writing for the cancellation or modification of your program.
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Applicants - FAQ's
If you have engaged a solicitor or agent to act on your behalf then they should write to DESIGN'A MORTGAGE SOLUTIONS to request a discharge of mortgage. DESIGN'A MORTGAGE SOLUTIONS in turn requests a discharge from the Fund Manager who in turn will instruct its solicitor to attend to the discharge. Please note that the Fund Manager always uses a solicitor for all discharges and it will take approximately 10 working days.
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I sold this property, what should I do with this bill?

Collier County Tax Collector
Please forward the bill to the new owner if possible. You may wish to contact your closing agent for assistance, or you may return the bill to our office.
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Can the property ever be sold?

Fractional Cottage Ownership FAQs
Though ownership is in perpetuity, no one can foresee the future and as such, there is an allowance in the bylaws of the association for sale of the property in whole. Terms under which this could occur would include that 85% of the share owners agree and that the net proceeds from the sale be distributed to all share owners equally.
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WHAT happens if a property is sold or conveyed to a new owner?

Levy County, Florida
What is the Save Our Homes amendment? Section 193.155(1) of the Florida Statutes was enacted to implement an amendment to the state constitution to limit annual increases in property value assessments on real property qualifying for and receiving homestead exemption. How does the amendment limitation apply? Real property shall be assessed at full market value (just value) as of January 1 of the year in which the property first receives the homestead exemption.
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Frequently Asked Questions
Once the property has been conveyed to the new owner (and the homestead exemption is interrupted), it is raised to full market value (just value) January 1 of the following year. The new owner must qualify and apply to receive homestead exemption. Even if the property received a homestead exemption under the previous owner, the limitation, just like the exemption, expires January 1 of the year following a change of ownership.
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Index of Frequently Asked Questions
What is the Save Our Homes amendment? Section 193.155(1) of the Florida Statutes was enacted to implement an amendment to the state constitution to limit annual increases in property value assessments on real property qualifying for and receiving homestead exemption. How does the amendment limitation apply? Real property shall be assessed at full market value (just value) as of January 1 of the year in which the property first receives the homestead exemption.
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Can you tell me what Portrait of Doctor Gachet sold for at auction?

Vincent van Gogh: Frequently Asked Questions
On 15 May 1990 The Portrait of Doctor Gachet was sold within three minutes for $82.5 million U.S. at Christie's, New York. The new owner was identified as Ryoei Saito, Japan's second-largest paper manufacturer. The Art Newspaper recently reported that the painting was recently re-sold to a private, non-Japanese collector after Saito's death in 1996.
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