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Updated about 17 years ago,
Lender relists for profit in Texas. Can he keep the profit?
Lender is high bidder at auction and bids minimum bid so no money is
owed to Borrower. Lender then lists the property for sale w/ a real
estate agent and property sells at a profit over the original auction
bid. Can the lender keep the profit or does he have to refund that
profit back to the original borrower?