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A successful short sale would be more likely to happen in which delinquency situation? Question 7 options: Value of property = $150,000, 1st mortgage balance

A successful short sale would be more likely to happen in which delinquency situation?

Question 7 options:

	Value of property = $150,000, 1st mortgage balance = $200,000, 2nd mortgage balance = $50,000
	Value of property = $150,000, 1st mortgage balance = $200,000, no 2nd mortgage

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