Also, if there is a Lender Tolerance Cure listed, does that follow the same treatment?

A bigger problem for a short sale is getting the junior lien holders to agree.If there is a junior lien, you might trying making an offer to purchase it at a substantial discount, cure the foreclosure then start a foreclosure from the junior position.

The difference mentioned can be a lender that allows the seasoning to "cure" in house, then they may sell it later, so to borrowers it may appear to be different, depends on which side you're sitting on.Seasoning is also a reference to passing title after buying a bank owned property or foreclosures.

It has to do with financial sophistication.There is a saying, poor people have poor ways, that means that if your limited financially you have fewer options available to cure any problem, it's not a put down of the less fortunate, it's just a fact of life.

They have the right but not the obligation to cure the 1st and the 2nd liens.

I estimate the time necessary to cure that matter to be 10 hours of my attention and filing costs of $200.00. 

An ounce of prevention is worth a pound of cure. 

Joe's lease has provisions against this, so I properly serve him a "10 day notice to cure" using a process server ($$).

I can use this data to justify a lower offer based on the vacancies that I have to cure myself.

There should've been some something about each exception stating whether they are cured or survive closing and you should have signed it.I don't have anything against a land lease IF you knew about it, so its more a disclosure/approval issue.