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Daily Archives: April 30, 2015
Foreclosure Equals Loss of Ownership
When a foreclosure occurs, the mortgagor (the person who borrowed the money for the house) loses their interest in the property. The mortgagee (the lending institution or bank) takes the property back and sells it to the highest bidder. The … Continue reading
Posted in General
Tagged Attorney, Foreclosure, Law Office of Camron Hoorfar, Lawyer
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