I am in a negative equity position (that is, I owe more on my mortgage than my property is worth). In the event of a successful acquisition by ClozeSure, am I still liable to lenders for any shortfal

Yes, the transfer of your property to ClozeSure must be free of any mortgages.

Yes, the transfer of your property to ClozeSure must be free of any mortgages.

 If you are in a negative equity situation, you will need to negotiate and agree repayment terms with your lender(s), because your mortgage(s) on your property must be paid off in full as a condition of your sale (both to your original buyer and – if your buyer defaults – to ClozeSure).