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According to my research, after a property foreclosure home is bought at an auction, it is common to the borrower in order to still have the remaining balance on the personal loan. There are many loan merchants who try to have all fees and liens paid by the following buyer. Even so, depending on selected programs, rules, and state legislation there may be some loans that are not easily sorted out through the exchange of personal loans. Therefore, the obligation still remains on the customer that has obtained his or her property foreclosed on. Many thanks sharing your thinking on this blog.