[Hieroglyph] NUMBER ONE Success System
Tommy Lee
noss1233 at gmail.com
Wed Aug 22 06:16:12 PDT 2007
http://www.noss123.com/
In most jurisdictions, a lender may foreclose the mortgaged property if
certain conditions - principally, non-payment of the mortgage loan - apply.
Subject to local legal requirements, the property may then be sold. Any
amounts received from the sale (net of costs) are applied to the original
debt. In some jurisdictions, mortgage loans are non-recourse loans: if the
funds recouped from sale of the mortgaged property are insufficient to cover
the outstanding debt, the lender may not have recourse to the borrower after
foreclosure. In other jurisdictions, the borrower remains responsible for
any remaining debt. In virtually all jurisdictions, specific procedures for
foreclosure and sale of the mortgaged property apply, and may be tightly
regulated by the relevant government; in some jurisdictions, foreclosure and
sale can occur quite rapidly, while in others, foreclosure may take many
months or even years. In many countries, the ability of lenders to foreclose
is extremely limited, and mortgage market development has been notably
slower.
Please know that *Number One Success System* is not an investment club, not
a business, not MLM, not a company or corporation, not a commercial
enterprise of any kind whatsoever, nor do its activities include the
solicitation of anything. There are no investments here, no paychecks, no
products or services to sell, no seminars to attend, no tapes or manuals to
buy, and no one MAKES or EARNS any money.
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