Q: I took a equity loan on my home and it foreclosed in 2010. resold in 2011 for more than I owed.Am I responsible for loan
A: Facts are not very clear. I am presuming you took home equity loan but after you took loan, you home is foreclosed by 1st trust deed holder and sold for more than you owed at a private sale.
If house was foreclosed by other lender, you will continue to be responsible for home equity loan.
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