If your house is foreclosed and have a second loan, do you still have to pay the loan?

the house is sold to a realtor. State is CA.

Answers:
Second loan is still there; but without the real estate to support or secure the debit. If the house sells for more than the value of the first loan, the additional goes towards payoff of the 2nd.
Yes.
if the sale of the house doesn't cover the second loan too then yes. and if the sale doesn't cover the total of the first loan you could also be libel to pay the difference. between what the house sold for and what you owed!

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