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COMMENTS

  1. Based on my study, after a property foreclosure home is offered at a sale, it is common for the borrower to be able to still have the remaining unpaid debt on the loan. There are many lenders who try to have all rates and liens paid by the subsequent buyer. Nevertheless, depending on certain programs, legislation, and state legislation there may be quite a few loans that aren’t easily resolved through the switch of lending options. Therefore, the obligation still remains on the client that has acquired his or her property foreclosed on. Many thanks for sharing your thinking on this blog.

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