Renewed concern that land prices will decline further as mortgaged properties are written off by lenders weighed on real estate company shares, said Shibasaki of Yamatane Securities.
32.
Cornell was also involved in other legal entanglements, including a land dispute over mortgaged property in Newport, when in 1763 he filed a trespass and ejectment suit.
33.
Two of these counts charged that respondent had made false statements on HUD / FHA form 92800-5 by knowingly inflating the appraised value of the mortgaged property.
34.
Further, the act allowed the debtor to remain on the mortgaged property for up to five years after declaring bankruptcy, giving the creditor no opportunity to foreclose immediately.
35.
In the event of non-payment, it may be possible for the seller to remove the tenants through eviction, which is likely to be cheaper than foreclosure on a mortgaged property.
36.
He set out to strike it rich in real estate, using the family marina and later his father's good credit, to buy and heavily mortgage properties across the North Shore.
37.
Under what is called a tenure plan, Scholen said, a borrower receives a fixed monthly payment for as long as he or she owns and lives in the mortgaged property.
38.
A conventional mortgage would typically be one in which the lender requires a 20 percent down payment to insure adequate equity in the mortgaged property in the event of a default.
39.
If a player runs out of money but still has assets that can be converted to cash, they can do so by selling buildings, mortgaging properties, or trading with other players.
40.
A mortgagee's first right is to repayment of the debt, but if the borrower's circumstances mean this is impossible, a process of taking possession of the mortgaged property and selling it usually begins.
