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In accordance with my observation, after a foreclosed home is available at a sale, it is common for the borrower to be able to still have any remaining unpaid debt on the loan. There are many financial institutions who try to have all expenses and liens paid back by the next buyer. Having said that, depending on specific programs, restrictions, and state guidelines there may be some loans which are not easily solved through the exchange of financial loans. Therefore, the responsibility still falls on the borrower that has got his or her property foreclosed on. Thank you sharing your ideas on this web site.

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