Your agent should be on top of this for you. But... if your in contract, you should have a closing date. If it goes past that date, you are out of contract. The banks play this game all the time. The bank is in charge of the situation, they will never turn money down from the seller until it is full blown forclosure. The bank really and truly could care less what you want as the buyer. I hope your agent told you all this up front, but short sales are very painful at the least.
I would hope your not in a scam, but again, if your working with an agent, the should be working on this for you.... more