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In accordance with my observation, after a foreclosed home is sold at an auction, it is common with the borrower to be able to still have the remaining balance on the financial loan. There are many loan providers who attempt to have all expenses and liens paid by the future buyer. Having said that, depending on specific programs, polices, and state laws and regulations there may be some loans which aren't easily sorted out through the transfer of personal loans. Therefore, the obligation still lies on the client that has obtained his or her property foreclosed on. Thank you for sharing your opinions on this site. https://viptron.co/