In a situation of default,it is easier for the lender to realise on his security by obtaining a final order of foreclosure,rather than conducting a power of sale.

Question

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Obtaining a final order of foreclosure is typically a more complex and time-consuming legal process compared to conducting a power of sale, which allows the lender to sell the property more quickly to recover the owed amount.

In a Situation of Default,it Is Easier for the Lender