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Question
Seymour borrows $350,000 from Reliable Bank to buy a home. Seymour stops making payments on the loan ten months later. After the bank repossesses the property securing the loan but before it is sold, Seymour wants to buy it. This isa. a deficiency judgment.
b. a reverse mortgage.
c. a violation of the law.
d. the right of redemption.
Answer
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Related questions
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