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Posted on June 25, 2018 - 11:29 AM
by Jeffery Tipton
Each lender and borrower’s situation is different. In some cases, the lender will agree to the Short Sale under the condition that the Seller will contribute something towards the loss. Whether the lender will require the Borrower to contribute towards the loss depends on a variety of factors including the Borrower’s financial situation and whether there is a mortgage insurer involved.