Short Sale. Active with Contract This offer is continuent upon all current lien holders' approval of a short sale. This acceptance must include all current lien holders' decision to accept an amount less that what is owwed on the current mortgage as well as all current lien holders' decison to waive their right to file a deficiancy judgement or mandate the seller sign a note for any difference in net proceeds and the current loan balance (s). Selling office understands that this porperty shall conitnue to be on the market and that the seller may forward other offers to all current lien holders for apporval prior to lien holders acceptance of any offer.
