Seymour borrows $350,000 from Reliable Bank to buy a home.Seymour stops making payments on the loan ten months later.After the bank repossesses the property securing the loan but before it is sold,Seymour wants to buy it.This is
A) a deficiency judgment.
B) a reverse mortgage.
C) a violation of the law.
D) the right of redemption.
Correct Answer:
Verified
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