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YES. When a bank forecloses on a property they take ownership of the property through legal process. During that process the previous owner has opportunities to remove their personal property. Any persoan property that is left behind is considered abandoned. So anything that remains becomes the property of the bank and ultimately the new owner.
As a matter of practice the bank usually hires a company to clean out the property prior to closing. So you may wish to be prepared for that. If there is something in the property that you specifically wanted to stay you should inform the real estate agent that you want that included in the deal.
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