| According to my study, after a the foreclosure home is sold at a bidding, it
is common with the borrower to still have some sort ofthat remaining unpaid debt on the financial loan. There are many financial institutions who try and have all rates and liens repaid by
the subsequent buyer. On the other hand, depending on ecified programs, laws, and state
legislation there may be a number of loans which are not easily sorted out through
the transfer of lending products. Therefore, the obligation still falls on the
debtor that has obtained his or her property in foreclosure process.
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