Which of the following statements is true about foreclosure?
A) In judicial foreclosure,property subject to attachment and execution is limited to the mortgaged property
B) If the sale of the mortgaged property realizes a price above the claims of the mortgage and expense of the sale,the balance goes to the mortgagor
C) Redemption can be accomplished by paying 95% of the debt,interest and costs due to mortgage
D) None of the above
Correct Answer:
Verified
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