Foreclosure Quiz- not final
This section contains 7 questions about terms related to foreclosure and the process it entails
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Question 1 of 7
1. Question
How many types of foreclosure processes are available?
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Question 2 of 7
2. Question
Which of the following is NOT a foreclosure processed mortgage liens?
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Question 3 of 7
3. Question
If the owner does not pay off a lien, what can happen to their property?
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Question 4 of 7
4. Question
What is the foreclosure process under a judicial foreclosure?
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Question 5 of 7
5. Question
Are there any alternatives instead of a foreclosure?
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Question 6 of 7
6. Question
The right to reclaim a property that has been foreclosed by paying off amounts owed to creditors is known as:
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Question 7 of 7
7. Question
During the public sale process, proceeds of the sale are applied to real estate taxes, lienholder’s claims, and cost of sale. Where, if any, do the remaining funds go?
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