I just finished an article answering the question, what is subject to lien holder approval?
For many home buyers performing a home search, they will run across this disclosure and do not no what it means. The term is usually associate with a home that is a short sale. The simple answer is the seller is disclosing that the sale is subject to the short sale of the home. This article on my short sale blog will help you understand what this means to you and the buying process. Check out my new article!