“ Based on my observation, after a property foreclosure home is available at an auction, it is common with the borrower to be able to still have some sort ofthat remaining balance on the mortgage loan. There are many creditors who attempt to have all costs and liens paid back by the following buyer. Having said that, depending on certain programs, laws, and state legal guidelines there may be a few loans which are not easily sorted out through the shift of lending options. Therefore, the responsibility still remains on the consumer that has received his or her property foreclosed on. Thank you sharing your opinions on this site. ”