In line with my observation, after a foreclosed home is bought at a sale, it is common for any borrower to be able to still have the remaining balance on the mortgage. There are many lenders who attempt to have all fees and liens repaid by the next buyer. Even so, depending on a number of programs, legislation, and state legislation there may be a few loans which are not easily resolved through the exchange of financial products. Therefore, the responsibility still lies on the debtor that has received his or her property foreclosed on. Thank you sharing your notions on this blog site.
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