Question and answer
The mortgagee is prohibited from purchasing their own property at the foreclosure sale. (Points : 5) True False
The mortgagee is prohibited from purchasing their own property at the foreclosure sale. TRUE.
Expert answered|howareyou|Points 15|
Question
Asked 4/6/2013 10:12:28 PM
Updated 2/20/2018 12:53:38 PM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [2/20/2018 12:53:37 PM], Confirmed by jeifunk [2/20/2018 12:53:38 PM]
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Questions asked by the same visitor
___________ requires that the buyer must act in good faith in seeking financing according to rate and term. (Points : 5) Mortgage contingency clause Fiduciary clause Purchaser's agreement clause Purposeful contingency clause
Question
Updated 4/3/2013 8:52:24 AM
1 Answer/Comment
Purchase agreement requires that the buyer must act in good faith in seeking financing according to rate and term.

Added 4/3/2013 8:52:24 AM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [12/23/2014 12:45:25 PM]
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