What is a short sale of land?

Answer In difficult economic times, many homeowners don't have a way to pay their mortgage and utility bills. However, there are alternatives to foreclosure and investors can help homeowners out of crisi... Read More »

Top Q&A For: What is a short sale of land

What happens to a judgement balance in a real estate short sale in New York state. If there is no equity in the sale will the judgement be released?

In any state, Judgements are usually filed with a court. In order for the Judgement to be released, someone -- preferably the party that filed the Judgement -- must be satisfied before the Judgemen... Read More »

What is a land sale contract?

A land sale contract is a purchase agreement, whereby the property owner agrees to sell the property to the buyer upon completion of payment installments. The buyer takes possession of the house wh... Read More »

What does a forced sale of land mean?

A forced sale of land occurs when two people own a property and one wants to receive his portion of the value. That person will petition to partition, or divide, the property. If it cannot be done ... Read More »

What Is the Effect of the Intercompany Sale of Land on Consolidated Net Income?

Accounting regulations dictate how a parent company must record and report investments in affiliates, especially with intercompany sales and purchases of land. To calculate its consolidated net inc... Read More »