Question 2 of 40. Which of the following is an accurate description of equity of redemption? A borrower in default purchases their property after a foreclosure sale for the full amount of the original purchase price. A lender demands that a borrower in default pay the full amount of outstanding debt on a mortgaged property. O A borrower in default pays the full amount of outstanding debt on a mortgaged property, plus interest and other associated costs, after the foreclosure sale. O A borrower in default pays the full amount of outstanding debt on a mortgaged property, plus interest and other associated costs, before the property is sold by the lender. Mark for follow up