Reed borrows $150,000 from Suburban Credit Union to buy a home,which secures the loan.Three years later,Reed stops making payments on the loan.After Suburban Credit repossesses and auctions off the property to Tyler,equity remains.This amount most likely belongs to

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When a property is repossessed and sold, any remaining equity after paying off the loan and associated costs typically belongs to the original borrower, in this case, Reed.

Reed Borrows $150,000 from Suburban Credit Union to Buy a Home,which