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How to short sale a home
Determine if you will qualify for a short sale based upon your lenders guidelines.
A realtor, attorney, or your lender can help you with this by answering a few questions. A comparable market analysis (cma) or appraisal can be ran to determine the market value of the property.
Lenders realize that there are many factors that contribute to a potential default. Many lenders are eager to head off future problems at the pass.