In accordance with my observation, after a foreclosures home is marketed at an auction, it is common for that borrower to be able to still have a remaining unpaid debt on the bank loan. There are many loan companies who try and have all costs and liens paid back by the future buyer. Even so, depending on particular programs, restrictions, and state legislation there may be several loans which aren't easily settled through the switch of loans. Therefore, the responsibility still falls on the client that has acquired his or her property in foreclosure. Thanks for sharing your notions on this blog site.