real estate finance - full book (500 pgs)

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Unformatted text preview: ... 14-31 CLOSING COSTS ............................................................................................... 14-31 Nonrecurring Closing Costs ............................................................................. 14-31 Recurring Closing Costs .................................................................................. 14-33 ELECTRONIC LOAN PROCESSING UNDERWRITING SYSTEMS ................... 14-34 Fair Credit Reporting Act ................................................................................. 14-35 Loan Subject To's (Seller Liable) ..................................................................... 14-36 Loan Assumption (Buyer or Both Liable) ......................................................... 14-36 Loan Payments Due ........................................................................................ 14-37 Late Charges ................................................................................................... 14-37 DEFAULTS .......................................................................................................... 14-38 Default in Mortgage Payment .......................................................................... 14-38 FORECLOSURE SALE........................................................................................ 14-40 NonJudicial Foreclosure Process .................................................................... 14-40 Trustor’s Right of Reinstatement ..................................................................... 14-41 Judicial Foreclosure /Mortgage Foreclosure.................................................... 14-42 Right of Equitable Redemption (Not AVAILABLE in Trustee’S sale) ............... 14-43 Deficiency Judgment (Not Available in Trustee’s Sale) ................................... 14-43 Internet Web Links ...................................................................................... 14-44 Chapter Quiz ................................................
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