Definitions: N - Finance and insurance
no bid
A no bid situation occurs when a mortgage backed by the Veterans Administration defaults, and the Veterans Administration elects to pay the loan guarantee to the lender rather than taking the property in a foreclosure process.
References - no bid
See the following for additional no bid information:
- Carpentry Glencoe/McGraw-Hill; 6 edition, January 2003, Mark Feirer, John Feirer, ISBN 007822702X
- Green Building Products, 3rd Edition: The GreenSpec Guide to Residential Building Materials-3rd Edition ICC (distributed by Cengage Learning); 1 edition, October 2009, International Code Council, ISBN 1435400631
- Elements of Energy Efficient House United States National Renewable Energy Laboratory, December 2009, Editorial Staff
- Comparison Of the HERS Reference Home, HERS Rated Home & ENERGY STAR Reference Design Home United States Environmental Protection Agency, United States Department of Energy, December 2009, Editorial Staff
- Fundamentals of Residential Construction Wiley; 2 edition, February 2006, Edward Allen, Rob Thallon, ISBN 471681792
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