This section contains 7 questions about terms related to foreclosure and the process it entails
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How many types of foreclosure processes are available?
Which of the following is NOT a foreclosure processed mortgage liens?
If the owner does not pay off a lien, what can happen to their property?
What is the foreclosure process under a judicial foreclosure?
Are there any alternatives instead of a foreclosure?
The right to reclaim a property that has been foreclosed by paying off amounts owed to creditors is known as:
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?