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In accordance with my study, after a the foreclosure home is bought at a bidding, it is common for that borrower to be able to still have any remaining unpaid debt on the mortgage. There are many loan merchants who try and have all fees and liens repaid by the following buyer. However, depending on a number of programs, polices, and state guidelines there may be a few loans which aren't easily solved through the exchange of personal loans. Therefore, the obligation still remains on the debtor that has obtained his or her property in foreclosure. Thank you for sharing your thinking on this weblog.