Comments on: Does the foreclosure of a california home equal a sale? http://www.deedznyc.com/homes-for-sale/does-the-foreclosure-of-a-california-home-equal-a-sale Sat, 10 Jul 2010 11:17:59 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: acermill http://www.deedznyc.com/homes-for-sale/does-the-foreclosure-of-a-california-home-equal-a-sale/comment-page-1#comment-1579 acermill Mon, 22 Feb 2010 07:21:59 +0000 http://www.deedznyc.com/homes-for-sale/does-the-foreclosure-of-a-california-home-equal-a-sale#comment-1579 The actual foreclosure is not counted as a sale. It only becomes a sale once the lender has successfully sold the property to another owner.<br><b>References : </b><br> The actual foreclosure is not counted as a sale. It only becomes a sale once the lender has successfully sold the property to another owner.
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]]> By: loanmasterone http://www.deedznyc.com/homes-for-sale/does-the-foreclosure-of-a-california-home-equal-a-sale/comment-page-1#comment-1578 loanmasterone Mon, 22 Feb 2010 07:02:59 +0000 http://www.deedznyc.com/homes-for-sale/does-the-foreclosure-of-a-california-home-equal-a-sale#comment-1578 Any transfer of real estate equal some type of sale and certainly a foreclosure is a sale. The bank or lender takes the property as collateral for the unpaid mortgage loan. So when an appraiser is appraising a property these sales must be taken into consideration. I hope this has been of some use to you, good luck. "FIGHT ON"<br><b>References : </b><br> Any transfer of real estate equal some type of sale and certainly a foreclosure is a sale. The bank or lender takes the property as collateral for the unpaid mortgage loan.

So when an appraiser is appraising a property these sales must be taken into consideration.

I hope this has been of some use to you, good luck.

"FIGHT ON"
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