Notice of foreclosure

By
Real Estate Agent with Waller Group

True or false: Regarding foreclosure notice.  The notice must be sent by the lender and received by the borrower 21 days before the foreclosure notice?

False

The lender must mail the notice 21 days before the foreclosure; however it is not a requirement that the borrower actually received the notice.

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Topic:
Real Estate Best Practices
Groups:
Education
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notice of foreclosure

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Richard Weeks

Realtor, Associate Broker - Manager Business Development
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