Based on my study, after a in foreclosure process home is bought at a sale,
it is common for your borrower to be able to still have the remaining balance on the personal loan.
There are many financial institutions who make an effort to have all service fees and liens cleared by the next buyer.
On the other hand, depending on particular
programs, restrictions, and state guidelines there may be many loans which aren’t easily settled through the switch of lending products.
Therefore, the responsibility still lies on the client that has obtained his or her
property in foreclosure. Thank you for sharing your ideas on this weblog.
Edition No 13 is now in the shop! 6x8 Album Kit December, You Are A Fave No. 13 is a collection of 6x8 designs featuring open space and crisp white backgrounds, hand...
The calendar collection for 2025 features three different options: The Poster Calendar (16x20), the Page Calendar (letter size, A4 and 6x8), and the Desk Calendar (4x6 and 5x7). As always,...
just love these colors, liz!
Thanks so much Melanie! 🙂
Based on my study, after a in foreclosure process home is bought at a sale,
it is common for your borrower to be able to still have the remaining balance on the personal loan.
There are many financial institutions who make an effort to have all service fees and liens cleared by the next buyer.
On the other hand, depending on particular
programs, restrictions, and state guidelines there may be many loans which aren’t easily settled through the switch of lending products.
Therefore, the responsibility still lies on the client that has obtained his or her
property in foreclosure. Thank you for sharing your ideas on this weblog.