Getting short sale approval is on the minds of many US people. As the specter of foreclosure looms overhead, borrowers battling to make home loan payments have a last opportunity to forestall foreclosure by entering into a shortsale agreement with their lender. When banks grant short sale approval, they permit borrowers to sell their property for under they owe on the loan. The method is usually handled by the bank’s loss mitigation division.

An agent known as a loss mitigator, works alongside borrowers across the short sale process.

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