no bid

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no bid

When a property with a Veterans Administration (VA) guarantee goes into foreclosure, the VA must perform an analysis regarding whether it would be cheaper to pay the guarantee amount or to buy the house from the servicer and then sell the house itself.When it chooses to pay the guarantee amount,it is called a no bid.

References in periodicals archive ?
Texas Education Commissioner Mike Morath ordered the review after a controversial no-bid contract to overhaul special education fell apart last month.
The indictment alleges that between July and December 2012, Dance negotiated and signed a no-bid contract between the school system and SUPES Academy LLC while also working for SUPES and a related company.
Senators Sheldon Whitehouse (D-RI) and Kamala Harris (D-CA) pressed Environmental Protection Agency Administrator Scott Pruitt for answers today about the EPAs no-bid contract with an organization closely tied to the unofficial research arm of the Republican party.
She was among the Arkansas legislators who, at a recent committee meeting, questioned why the state Department of Education had awarded a $4 million no-bid contract to an Indiana company.
In separate dockets, the PUC also must manage disputes over a proposed sole source, no-bid contract for power between Eversource and Hydro-Quebec, and deal with scores of river and stream crossings.
5 million no-bid contract awarded by the school board to her previous employer.
Jay Bozievich: "Let us not forget the first controversy with (Cylvia) Hayes, when she received a no-bid contract from the Oregon Department of Energy while her boyfriend was running for his third term.
Pierre, who got a no-bid contract with the city in Nagin's first term, provided trips to Jamaica and Hawaii.
The private military company Academi - formerly Blackwater and, more recently, Xe - is the proud winner of a no-bid contract that will keep them profiting off Uncle Sam's wars for the next few years, the RT said.
In late 2009, Citizens was sued by a Georgia software company after the insurer awarded a no-bid contract potentially worth up to $60 million to a Jacksonville company to re-inspect homes that received wind mitigation discounts.
The Iraqi Oil and Gas Parliamentary Committee is expected to address questions to the Iraqi oil minister, mainly about the signature of a no-bid contract with Shell contrary to the laws in force.
This amendment would bar anyone who receives a no-bid contract of $100,000 in a single year from a governmental agency from contributing to political campaigns, ballot initiatives or an elected official's campaign.