This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The legal process whereby the lender can force the sale of real property because the buyer/borrower ... (Read 73 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Aug 3, 2018
The legal process whereby the lender can force the sale of real property because the buyer/borrower has defaulted on the loan by failing to make mortgage payments, is:
 
  a. Adverse possession
  b. Escheat
  c. Cloud on title
  d. Foreclosure

Question 2

Mortgage lenders prefer judicial foreclosures because it is a relatively quick process:
 
  a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anna

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Aug 3, 2018
Answer to Question 1

D

Answer to Question 2

B


CBme

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Aug 3, 2018
Both answers were spot on, thank you once again


Anna

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Aug 3, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Self-sealing property Self-sealing property
Nursing process Nursing process
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
The communication process The communication process
The Gram-Schmidt Process for Finding an Orthonormal Basis The Gram-Schmidt Process for Finding an Orthonormal Basis
How do resultant force work among different angles? How do resultant force work among different angles?
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library