I have spent the last 2 years with short sale properties of my own. I can help you and I have a team ready to assist also. Call me at 239-989-7077. I will let you know of my experiences. I am so happy I used this process.
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If you are certain and determined to purchase this particular home then I would highly suggest hiring an attorney to sort out the details for you. However, I can tell you that the seller has taken great leaps to save their home from foreclosure. If their home cannot be saved from an inevitable foreclosure through various court actions they are willing to take then at the very least they stand a good change of retaining their home for an extended period of time while the lender and the legal system hash it all out.
Be sure to hire an attorney that is well informed with foreclosure law in your state. Not an easy task but feasible. They will be able to give you a timeline on how many months you will be on the hook.
My suggestion would be to keep looking at other homes. Maybe you'll find one that is just as nice if not better and will save you from turning prematurely grey with unnecessary stress.
Good luck! I'm sorry you have to deal with a situation that prevents you from purchasing the home you really had your eyes on, and money!!
Diane Wheatley, Broker
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