What does Bargain Sale mean?
The sale of a property for less than its market value. This may be done for a variety of reasons, such as to benefit a charity or to sell a property quickly.
Related Terms
Low-Down-Payment Loan
Purchase-Money Mortgage
No-Competition Lots
Co-Insurance
Real Property
Alternative Mortgage
Leverage
Waiver
As-Is Condition
In-File Credit Report
Cpi and Market Rent Escalation (In a Lease)
Buyer's Remorse
Errors and Omissions Insurance
Mechanic's Lien
Sublease
Braced Framing
Grace Period
Gag Rules