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Apparently this did not catch on.
No idea, Elaine.
I don't know how this works.
I am not sure what that is, how does CT law read or what does it allow the owner to do?
A homeowner can voluntarily elect to foreclosure as opposed to a sort sale!? Would not advise any homeowner to do that if I'm understanding this correctly.
How can a home owner do a foreclosure? Only the bank can do that and if it is sold on the market sometimes it is called a short sale. Then it is up to the bank whether or not they want to settle for the offer price.