forealios
forealios by LemonadeSqueeze October 18, 2010
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Foreclosure By Owner
A behind-on-mortgage-payments homeowner that tries to sell their own home without a real estate agent (For Sale By Owner). This is a desperate stall tactic, often the last one possible, to delay foreclosure while the homeowner finds a new place to live (parents, friends, apartment, rental housing, etc). Often the house is abandoned the same day the "For Sale By Owner" sign is placed in the yard. Observers may also notice the homeowners taking objects that would typically be left behind if they actually intended on honestly selling the home, to include fences; sink fixtures; cabinetry; exterior lighting fixtures; counter tops; and et cetera.
It becomes clear to observers that the homeowners are in no way serious about selling the home, but it is obviously a stall tactic to pilfer and move as much value out of the home before they jingle mail the mortgage company. Another clear sign is that the asking price set for the house is insane, priced unreasonably high so as to not even attract potential buyers.
It becomes clear to observers that the homeowners are in no way serious about selling the home, but it is obviously a stall tactic to pilfer and move as much value out of the home before they jingle mail the mortgage company. Another clear sign is that the asking price set for the house is insane, priced unreasonably high so as to not even attract potential buyers.
Husband: Look at the Joneses... that is the 3rd sink fixture I've seen them put on the moving truck today, plus they took down the fence and left the fence posts!! I went to "ABC-fsbo.com" as listed on the sign they put in the front yard this morning and they're asking 20% more than what they paid for the place at the top of the housing bubble!! They're never going to sell in this real estate market.
Wife: Yep! This has Foreclosure By Owner written all over it.
Wife: Yep! This has Foreclosure By Owner written all over it.
Foreclosure By Owner by ImperialFleet1 September 24, 2011
Related Words
forealios • forealiously • forealious • forealising • Forealestate • forealsies • forealdo • forealzies • forrealiously • Forealness
forealsies
forealsies by kimdon March 23, 2009
forealzies
forealzies by Rome0 April 24, 2006
forealiously
the true meaning is the three words "for real seriously" .
used instead to shorten the amount of words used in a conversation.
used instead to shorten the amount of words used in a conversation.
forealiously by DeViLzReJeKt March 19, 2008
Foreclosuredog
A dog taken to the animal shelter when the owner has lost everything including or almost including their house.
Man! That's the saddest thing I've ever seen. Mary took her foreclosuredog pet to the pound where they could feed and provide for him.
Foreclosuredog by KingJasper05 March 25, 2009