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According to my observation, after a in foreclosure process home is sold at a bidding, it is common for the borrower to still have any remaining balance on the mortgage loan. There are many financial institutions who aim to have all rates and liens cleared by the following buyer. However, depending on certain programs, rules, and state legal guidelines there may be quite a few loans that aren't easily fixed through the exchange of lending products. Therefore, the obligation still remains on the lender that has received his or her property in foreclosure. Thank you for sharing your opinions on this website. https://donodozap.com/