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Author Question: On what grounds might a mortgagee bring a mortgage foreclosure action? What will be an ideal ... (Read 74 times)

bb

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on: Aug 3, 2018
On what grounds might a mortgagee bring a mortgage foreclosure action?
 
  What will be an ideal response?

Question 2

With regard to double income households, the old saying that two can live cheaper than one is not accurate.
 
  Indicate whether the statement is true or false


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Ddddd

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Reply #1 on: Aug 3, 2018
Answer to Question 1

The right to foreclose arises when the mortgagor defaults, or fails to meet any of the obligations under the terms of the mortgage. A mortgagor may default by failing to pay property taxes or to make mortgage payments.

Answer to Question 2

TRUE


bb

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Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)

mcabuhat

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Reply 3 on: Yesterday
Gracias!

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