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Question 21 (1 point) A successful (completed) deed-in-lieu transaction would be more likely to happen in which delinquency situation? Value of property = $200,000, 1st

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Question 21 (1 point) A successful (completed) deed-in-lieu transaction would be more likely to happen in which delinquency situation? Value of property = $200,000, 1st mortgage balance = $250,000, 2nd mortgage balance = $50,000 Value of property = $200,000, 1st mortgage balance = $300,000, no 2nd mortgage

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