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Based on my observation, after a in foreclosure process home is bought at a bidding, it is common with the borrower to still have the remaining unpaid debt on the mortgage. There are many loan providers who try to have all charges and liens paid off by the next buyer. On the other hand, depending on specified programs, laws, and state legal guidelines there may be a few loans that are not easily handled through the exchange of financial products. Therefore, the responsibility still falls on the debtor that has obtained his or her property foreclosed on. Thanks for sharing your notions on this site.

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