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In line with my observation, after a foreclosed home is available at a bidding, it is common for that borrower to still have the remaining balance on the mortgage. There are many loan providers who try to have all fees and liens paid by the next buyer. Nonetheless, depending on certain programs, polices, and state legislation there may be many loans that aren't easily fixed through the exchange of lending products. Therefore, the obligation still rests on the borrower that has had his or her property foreclosed on. Thank you for sharing your ideas on this blog site.