Famous Can You Save Your Home After Foreclosure References. Are you still liable for mortgage after foreclosure? When you first see that stat, you may be surprised… but we’re not.

You will qualify for a deed in lieu of foreclosure only if you cannot sell your home before foreclosure. In order to reedem your home, you usually must reimburse. Although staying in your home until you are evicted may buy you some time, it is essential to be aware of the potential risks involved.