In accordance with my study, after a foreclosed home is marketed at an auction, it is common for any borrower in order to still have the remaining balance on the financial loan. There are many loan providers who aim to have all service fees and liens paid by the future buyer. On the other hand, depending on a number of programs, rules, and state laws there may be a few loans which aren't easily solved through the transfer of loans. Therefore, the responsibility still lies on the lender that has obtained his or her property in foreclosure process. Many thanks sharing your opinions on this blog site.