Foreclosure is considered the ultimate recourse of the lender because it allows the lender to bring about sale of the property to recover the outstanding indebtedness. All of the following statements regarding foreclosure are true EXCEPT:

A. Foreclosure allows a lender to extinguish all superior liens including unpaid property taxes, late community development district obligations, etc.

B. Foreclosure is a costly process for all parties involved

C. The foreclosure process is longer in judicial than in non-judical foreclosure states.