Liability of purchaser for loss by resale

Liability of purchaser for loss by resale.— If the purchase money is not paid within the time prescribed by section 143, the property shall be resold, and the defaulting purchaser shall forfeit all claims to the property or to any part of the sum for which it may subsequently be sold, and shall be liable to make good any deficiency which may occur on the resale, and all expenses of such resale.