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Updated over 10 years ago on .

Jared Knudson's profile image
Jared Knudson's profile image
Jared Knudson
  • from Centennial Park, Arizona
  • Member since Aug 13, 2014
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User Stats

24
Posts
8
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Jared Knudson's profile image
Jared Knudson's profile image
Jared Knudson
  • from Centennial Park, Arizona
  • Member since Aug 13, 2014
Connect
Jared Knudson
  • Centennial Park, AZ
8
Votes |
24
Posts
Buying & Selling Real Estate

What is a "consideration" on a notice of default?

Jared Knudson
  • Centennial Park, AZ
Posted

Hey everyone,

I'm looking at notices of default in my area, and I've noticed that some of them have "consideration" followed by a dollar amount.   e.g. One property had a $16,000 consideration.  What is a consideration?  

Thanks in advance!

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