Arizona School of Real Estate & Business Study guides, Class notes & Summaries

Arizona School of Real Estate & Business : Sales Exam Questions with correct Answers 2024( A+ GRADED 100% VERIFIED).

When a deed in lieu of foreclosure is given to a lender, which of the following is true? - Time and cost are less B buys land from W using a deed of trust as security for the carryback. B makes all the payments except the final three and is now in default. W does nothing and decides not to foreclose until later. By doing this W is exercising his right of: - Forbearance A commercial building is sold in a foreclosure for $100,000 less than the balance due the lender. Which of the followi...

When a deed in lieu of foreclosure is given to a lender, which of the following is true? - ️️Time and cost are less B buys land from W using a deed of trust as security for the carryback. B makes all the payments except the final three and is now in default. W does nothing and decides not to foreclose until later. By doing this W is exercising his right of: - ️️Forbearance A commercial building is sold in a foreclosure for $100,000 less than the balance due the lender. Which of the...

Arizona School of Real Estate & Business: Sales Exam Already Passed When a deed in lieu of foreclosure is given to a lender, which of the following is true? Time and cost are less B buys land from W using a deed of trust as security for the carryback. B makes all the payments except the final three and is now in default. W does nothing and decides not to foreclose until later. By doing this W is exercising his right of: Forbearance A commercial building is sold in a foreclosure for $100,000 le...