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In line with my research, after a property foreclosure home
is available at a sale, it is common for any borrower in order to still have the remaining balance on the loan. There are many creditors
who aim to have all costs and liens paid by the
subsequent buyer. On the other hand, depending on selected programs, rules, and
state legal guidelines there may be several loans
that aren't easily handled through the shift of loans.
Therefore, the obligation still lies on the lender that has got his or her property in foreclosure.
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