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  2. According to my observation, after a foreclosed home is marketed at an auction, it is common for any borrower in order to still have a remaining balance on the loan. There are many creditors who attempt to have all expenses and liens paid back by the up coming buyer. Even so, depending on specific programs, legislation, and state legal guidelines there may be some loans which aren’t easily settled through the shift of financial loans. Therefore, the duty still remains on the client that has had his or her property foreclosed on. Thanks for sharing your ideas on this website.

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