|Short Sale- Please submit all offers on a Special Sales contract. All short sale offers must include this language “this contract is contingent upon bank approval, if not approved by lien holder, this contract is terminated and earnest money returned to buyer subject to paragraph 12”. Please allow up to 40 days for bank response. Selling agency commission to be 45% of total collected commission. Buyer agrees to pay $2500 short sale processing fee paid at closing. This fee is separate from all commission, closing cost and/or loan cost. Seller to do no inspections or repairs- “AS IS” purchase. This ranch home has 3 bedrooms with 1 bath, with a partially finished basement.