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How long after a forcelosure sale is the redemption period still available?
What is the legal process called by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property?
Define assumption:
_____________ is the main purpose one would hold a public auction.
Failure to make a payment after the first 30 days causes the loan to go into:
How quickly do deeds of conveyence have to be recorded after closing?
What can the lender take as collateral in a home loan if the borrower defaults on payments?
A type of foreclosure proceeding that is conducted entirely under the auspices of a court and is handled as a civil lawsuit:
What is the redemption period after a foreclosure sale is complete?
Of the following, what is true about the right of a borrower to reclaim a property by reimbursing an investor from a foreclosure sale:
The most popular type of bankruptcy is called?
What are the two parts to a loan?
A late charge is:
_______________ would usually be given highest priority in distributing funds from a foreclosure sale.
A promissory note is: