After a foreclosure sale in Idaho, if the sale proceeds do not cover the full loan balance, what is true about the lender's ability to pursue the remaining debt?
Correct Answer
B) Deficiency judgments are allowed in Idaho
Idaho allows deficiency judgments after a foreclosure sale. If the proceeds from the foreclosure sale are insufficient to cover the outstanding loan balance, the lender may pursue the borrower for the remaining deficiency amount through a court judgment.
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