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Posted on June 25, 2018 - 11:24 AM
by Jeffery Tipton
Maybe. The lender is going to thoroughly evaluate your financials to determine if there is an involuntary inability to pay. If you still have the financial ability to pay the mortgage, the lender may not be eager to approve a Short Sale. The lender will not be inclined to approve a Short Sale solely because the value of the home declined.