The World’s Longest Yard Sale takes place over 4 days in August along a 650-mile stretch of US Route 127. It was started in 1987 to reintroduce America to its back streets and small towns. Yard sales are popular in the US and are conducted for various reasons, including raising extra cash and clearing space […]
Median sales price is the approximate average price that a property sells for, calculated by adding and dividing the prices of several different sellers. It can be used to determine if a price is appropriate and to set prices for similar products. Median sales price refers to the approximate average price that a particular property […]
A business sale involves the sale of one business to another, with the acquiring company working with the seller to ensure a smooth transaction. The details involve the disposition of assets and liabilities, and it can be used as an exit strategy for venture capitalists or to increase a small business’s presence in a local […]
The best short sale training involves working with an expert, but courses and books can also be helpful. Online training is available, but live courses are preferred. The CDPE designation is a valuable option for real estate professionals. Investors can find short sale experts through REIA or the internet. Short sales can be frustrating, but […]
A sale of trust deed is a non-court foreclosure where a servicer handles the sale of a property, occurring approximately four months after a notice of default. A deed of trust sale is similar, with a trustee holding legal title to the property and being able to sell it in the event of default. The […]
A certificate of sale is issued to the highest bidder at a foreclosure auction, allowing them to take possession of the property at a later date. The terms and conditions for issuing a certificate of sale vary by state, and it does not establish ownership as a deed or title would. The original owner may […]
Shelf offerings allow companies to register new security issues in advance and hold onto them until market conditions are favorable. They can be registered up to two years in advance and released at any time. This allows for maximum control over the offering process and can provide a resource for financial crises or fundraising for […]
A distressed sale is when an owner sells assets urgently to cover debts, often resulting in a loss. Examples include selling real estate due to mortgage payments or selling securities to cover a margin call. Distressed sales can also involve low-priced sales to charities for tax deductions. A distressed sale is a sale of assets […]
Auction sales involve selling personal or commercial property to bidders for the highest price. They can be conducted online or in person, and offer buyers the chance to find bargains. Auctions allow sellers to get the maximum financial return for their property. Auction sales are events in which personal or commercial property and merchandise are […]
A liquidation sale is when a company or individual sells all assets to generate cash, often due to bankruptcy. A store may have a clearance sale, and buyers should be aware of initial prices. The cash generated goes to creditors. A government may also hold a liquidation sale, such as an auction of surplus items. […]
A 1099 sale is a reportable sale or transfer of stocks or securities, with the broker issuing a 1099-B form regardless of net gain or loss. This can include sales from personal brokerage accounts or employee stock purchase programs, with details recorded on IRS Form 1040, Schedule D. ESPP sales can be more complicated, with […]
Tax selling is when investors sell assets that have decreased in value to offset capital gains and reduce tax liability. The process involves identifying assets with losses, avoiding the wash sale rule, and executing the sale before the end of the year. Consulting a tax professional is recommended. Tax selling is a process in which […]
On-sale date is the day a book, magazine, album, or film is released for sale. It is usually on Tuesdays and heavily promoted products have strict enforcement. Violating on-sale dates can result in hefty fines and penalties. Embargoed books are labeled and kept in staff-only areas. Access to products before on-sale dates is restricted and […]
Internal operations are carried out within a company, such as brokerage and financing, bookkeeping, payroll, and property sales. Some companies choose to keep operations in-house for flexibility, such as an inside sale where only one broker is involved. Real estate brokers mediate between buyers and sellers, guiding them through the purchase process. Real estate agents […]
A church sale is a fundraising event where second-hand goods are sold and donated to charity. The profits can be used to help others locally or internationally. The event is similar to a garage or yard sale, but with a theme and overseen by volunteers. The sales can be held to raise money for mission […]
A loan sale is when a loan holder sells the loan to interested parties, often generating immediate cash for the institution. In some cases, a government-sponsored financial institution conducts a loan sale when a bank fails. Borrowers are usually notified once the loan sale is complete, and the sale does not require borrowers to be […]
An endowment sale is when a policyholder sells their regular savings and life insurance policy. It can be done personally or through an auction/market maker. There are two types of policies: unit-linked and with profit. Cashing out should be considered carefully, with alternatives explored first. An endowment sale is a transaction that takes place when […]
A group sale involves all members of a syndicate participating in the sale of a specific lot of securities, with proceeds divided proportionally. The syndicate administrator handles the process, typically involving institutional investors, and the sale is often focused on transactions within institutions. A group sale is a type of security sale in which all […]
Choosing between a short sale and foreclosure is a difficult decision for homeowners. The deal a lender is willing to accept should be considered, as well as how the matter will be reported to a credit bureau. A short sale is generally a better option for protecting credit ratings and may offer more leniency for […]
A pre-foreclosure sale allows owners to sell their property before foreclosure, paying off as much of the mortgage debt as possible. It can prevent damage to the debtor’s credit rating, but the loan must be in default before the sale can take place. The lender may keep some of the proceeds to pay off the […]
