Property Q&A in Hinsdale>Question Details

Renee.rankin, Home Buyer in New York, NY

what does that mean? subject to third party approval?

Asked by Renee.rankin, New York, NY Thu Nov 15, 2012

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If you need a Realtor, I have many great agents up this way and I will be glad to recommend some to you if you wish.

Just let me know - be happy to help !!

Jamin M Jones
New Hampshire Home Inspector NH Lic#280
Mobile: 978-675-7597
0 votes Thank Flag Link Mon Nov 19, 2012
It typically means that there is more money owed on the property than the asking price and the lender holding the mortgage will have to agree to let it be sold for less money than what is owed on it. It is commonly referred to a Short Sale.
0 votes Thank Flag Link Fri Nov 16, 2012
ok thank you so much
Flag Fri Nov 16, 2012
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