(1) Although the foreclosure crisis has been covered often by the media, many people are still unclear about how the foreclosure process works or how people threatened by foreclosure lose their homes. (2) The first misstep in the process involves the home purchase itself; specifically, buying a home beyond what the buyer can comfortably afford (3) Some new homes include luxury features, such as granite countertops, hardwood floors, and landscaped gardens (4) The second misstep involves the loan terms; eager buyers often become trapped by loans with changing interest rates that start out low and increase dramatically a few years later or loans with low monthly payments that require the entire loan amount to be paid as a "balloon payment at the end of the loan term. (5) The next misstep involves a dramatic change in the homeowner's financial situation the homeowner is laid off from work, a family member develops a costly medical condition, or the homeowner gets called to active duty in the military and has not provided for keeping the mortgage payments going. (6) In such circumstances, a smart homeowner can usually seek assistance from lawyers or government and nonprofit agencies that provide advice for individuals facing a financial crisis. (7) However, the fourth misstep that leads to foreclosure is when homeowners postpone seeking assistance until their legal rights have passed, or they walk away from their homes without being able to keep any of their investment. (8) The personal financial crisis of the homeowner moves into the public legal system (9) The creditor (the agency from which the homeowner borrowed money) demands immediate payment of the entire balance (which is impossible for the homeowner) and then files a lawsuit in a court located near the property (10) If the homeowner does not file an answer to the creditor's lawut, then the court rewards the creditor with the property (11) These four missteps that lead to foreclosure explain the often confusing process of how a buyer loses a home (12) The home, now officially foreclosed, is sold under court supervision Source: "Steps That Advocates Can Take to Help Prevent Foreclosure." National Consumer Law Center, May 2014, www.ndle.org/images/pdf/older_consumers/ce_steps_that_advocates_can_take_to_help_older_homeowners prevent foreclosure moy_2014.pdf, What is the topic sentence of this paragraph? O Sentence 7: However, the fourth misstep that leads to foreclosure is when homeowners postpone seeking assistance until their legal rights have passed, or they walk away from their homes without being able to keep any of their investment Sentence 2: The first misstep in the process involves the home purchase itself; specifically, buying a home beyond what the buyer can comfortably afford Sentence 1. Although the foreclosure crisis has been covered often by the media, many people are still unclear about how the foreclosure process works or how people threatened by foreclosure lose their homes. Which of the following is also a suitable topic sentence for this paragraph? (Hint: pick the sentence that best captures the main idea of the paragraph.) The foreclosure process consists of several different phases. Negotiating with the mortgage company or service is the best way to prevent home foreclosure Home Foreclosure can be prevented by getting tegal assistance at an early stage. Is this paragraph logically organized? Yes No Which sentence does not clearly relate to and support the topic sentence? Sentence 9: The creditor (the agency from which the homeowner borrowed money) demands immediate payment of the entire balance (which is impossible for the homeowner) and then files a lawsult in a court located near the property. Sentence 4. The second misstep involves the loan terms; eager buyers often become trapped by loans with changing interest rates that start out low and increase dramatically a few years later or loans with low monthly payments that require the entire loan amount to be paid as a "balloon payment at the end of the loan term. Sentence 3: Some new homes include luxury features, such as granite countertops, hardwood floors, and landscaped gardens How is the passage organized? Space order Order of importance Time order What is the purpose of this passage? To entertain To persuade To inform Which phases appear in the paragraph? Check all that apply. The owner cannot make mortgage payments A home is purchased with a mortgage beyond what a buyer can afford The owner sells the house before foreclosure Courts become involved in the foreclosure The owner does not seek assistance to avoid foreclosure when it becomes impossible to make mortgage payments