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After Tamara stopped making her mortgage payments, the lender foreclosed on her home and issued The outstanding balance on the recourse loan was $248,000, and
After Tamara stopped making her mortgage payments, the lender foreclosed on her home and issued The outstanding balance on the recourse loan was $248,000, and the fair market value of the property foreclosure was $235,000. What is Tamara's amount realized from the foreclosure? $0 $13,000 $235,000 $248,000
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Auditing Transformation Regulation Digitalisation And Sustainability
Authors: Jan Marton, Fredrik Nilsson, Peter Öhman
1st Edition
103253303X, 978-1032533032
