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after foreclosure

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    after foreclosure

    Hi,
    My house has just been foreclosed. I know the open bid price amount, which is about what I owe to the bank (loan balance and arrears).
    I would like to have an idea of what I could owe later to the bank.
    Do we need to wait for the bank to sell the house so we can make the difference between what they bought and what they sold?
    How does it work?
    Thanks!

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