She said, the City has successfully used the "Offer To Purchase" method for first time buyers at its public-private partnership (PPP) pilot project in Otjomuise Extention 4 and preliminary estimates are that the average price fetched when using the Offer To Purchase method was approximately 50% above the upset price, instead of the 200% to 400% generally realized at auctions.
The rate of interest borne by the judgment is vital to know, not only because it must be understood to calculate what is due for payoff or for upset price at the sale, but because delay is possible until a foreclosure sale is conducted.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.