Stop giggling! I recognize 95% of the civilization who check out this will say "everybody knows that" however they don"t. I recognize bereason I obtain civilization that speak to in and ask what it means! I never before treat them like they don"t recognize anypoint because many of them are incredibly brilliant world that simply perform not know what those words suppose. So this is for those who really are not entirely sure what those words intend and to help some of the rest of you be genteel when being asked.

You are watching: What does 50 cents on the dollar mean

Simply put it is a means of saying "percent of the original price or value". Generally you will hear this phrase in association via foreclosures, distress and anxiety sales and bank hosted properties. You will certainly hear civilization say, "Oh, you have the right to pick that up at fifty cents on the dollar" or "seventy cents on the dollar". That sindicate suggests 50% of the original value or 70% of the original value.

Investing in real estate is basic to say and really basic to execute but you better be functioning with a lender who knows what they are doing. I have actually rescued numerous people for extremely proficient loan police officers that have actually done hundreds of residence mortgperiods yet just a couple of, if any kind of, genuine estate investment loans. There is a HUGE difference in between the qualifications and specification for a genuine estate investment loan and a main residence. Even the method revenue and also assets are calculated are various.

If you are interested in an investment residential or commercial property purchase or refinance in Georgia or Florida I deserve to assure you nobody has actually more suffer. Listen to this short interwatch with me on the John Adam"s Radio Sexactly how.

See more: Measure Of Weight ( 5 Letter Word For Weights And Measurements

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I started writing on Active Rain in 2006 once I was representing the mortgage market. I am no much longer in that market and also many type of of the older write-ups contain outdated indevelopment. Please execute not call me for LENDING or MORTGAGE concerns but quite call a licensed mortgage expert from your location. I have actually constantly been in marketing and branding and also that is still what I do. Thanks for reading!