"short sale" 115K with 3% in CC is approved. Listing price may not be sufficient to pay the total of all liens and costs of sale, require approval of seller's lender(s), and such approval may be conditioned upon the gross commission being reduced.115K price approved by bank with 3% to closing costs!!!Short sale Short Sale; approval of the seller's lenders(s) may be conditioned upon the gross commission being reduced. Any commission reduction shared 50/50 between listing and selling brokers.
