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Updated almost 11 years ago,

Geoff S.'s profile image
Geoff S.'s profile image
Geoff S.
  • Contractor
  • from Chebeague Island, Maine
  • Member since Mar 21, 2013
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User Stats

68
Posts
14
Votes
Geoff S.'s profile image
Geoff S.'s profile image
Geoff S.
  • Contractor
  • from Chebeague Island, Maine
  • Member since Mar 21, 2013
Connect
Geoff S.
  • Contractor
  • Chebeague Island, ME
14
Votes |
68
Posts
Foreclosures

Short sale listing price question

Geoff S.
  • Contractor
  • Chebeague Island, ME
Posted
I have searched for an answer to this question but can't seem to find a response. When a seller decides to list their property at an amount less than what it is mortgaged for, who chooses the original listing price? Is the lender ever initially involved with this decision? Never been through the process so just seeking some understanding
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