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 108 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?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Muscle Strength of the Hip, Flexion with Opposing Force Muscle Strength of the Hip, Flexion with Opposing Force
dinosaurs were real dinosaurs were real
Five step nursing process Five step nursing process
The Three Stages of the Birth Process The Three Stages of the Birth Process
Production of Ethanol process Production of Ethanol process
A 4.0-kg block slides down a 35 incline at a constant speed when a 16-N force is applied acting ... A 4.0-kg block slides down a 35 incline at a constant speed when a 16-N force is applied acting ...
Video: Basic rhythm - control centers in medulla oblongata, spirograph and normal tidal cycle

For a complete list of videos, visit our video library