« previous next »

Author Question: If a debtor defaults on a mortgage loan on a parcel of real property, the creditor, often a bank or ... (Read 79 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Aug 3, 2018
If a debtor defaults on a mortgage loan on a parcel of real property, the creditor, often a bank or mortgage company, must commence a legal proceeding against the debtor called a(n) ________.
 
  Fill in the blank(s) with correct word

Question 2

A(n) ________ is a loan to finance the purchase of real estate, payable over a period of years and at a rate of interest.
 
  Fill in the blank(s) with correct word


harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Aug 3, 2018
Answer to Question 1

foreclosure

Answer to Question 2

mortgage


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

bb

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Aug 3, 2018
Thanks


harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Aug 3, 2018
Welcome :)


« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Bank Bank
Real Femur Real Femur
The West Bank Challenge The West Bank Challenge
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Video: Vasectomy

For a complete list of videos, visit our video library