Another negotiated alternative to foreclosure is a short sale.In a short sale, a mortgagor asks the mortgagee to "discount" the balance of a mortgage loan.If the mortgagee agrees, the owner sells the property to a buyer for less than the amount owed to the lender and the lender releases its mortgage and accepts a lesser amount than is actually owed on the loan.For example, suppose you owe $250,000 on your house to a mortgage lender, but your house is only worth $230,000.You want to sell the house because you can no longer make the payments to the lender.The lender may agree to let you sell the house to a third party and give them the full proceeds from the sale ($230,000) and forgive the remainder of the debt.Lenders are only likely to agree to this arrangement if they realize that they would get even less money if they chose to foreclose rather than agree to a short sale.Short sales were very common in the housing market crash around 2008.

As a lender, under what conditions would you be amenable to negotiate with a mortgagor who is requesting a short sale?(Provide a brief answer using the text above).