Finance
In Missouri, a short sale occurs when:
AA home sells quickly within the first week on the market
BA lender agrees to accept less than the full mortgage balance from a distressed sale✓ Correct
CA buyer closes in less than 30 days
DThe seller accepts a cash offer
Explanation
A short sale involves the lender agreeing to accept less than the outstanding mortgage balance as payment in full, allowing the homeowner to avoid foreclosure.
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