Sounds like you are not getting very good information about the short sale process. For instance, you should not have done your inspections without a written acceptance of your offer and a proposed closing date. I know just enough about short sales to know I need a professional short sale negotiator in my corner, a very good one. Call me and I will give you their contact information.
Best of Luck,
Best Atlanta Properties
If you had a hard deadline to move, you should not have been considering short sales. You should consider a month to month rental if you want to continue to wait for this home.
Many short sales take a long time, what was approved at one point in time has a high probability of being different by hundreds or thousands of dollars when you actually get to closing. Lenders know that when you don't see what is actually approved till the HUD is approved the day before or day of closing you will have no choice but to pay their taxes, pay their association fees, pay unanticipated transaction costs and at the point it is don't buy or pay up.
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I just closed a WF short sale and I put presure on the other agent and the asset manager and it did close fast. Get an attorney to help if possible.
You need a back up plan just in case Nov. 30th comes and goes with no closing.
Isabel Elsesser, Realtor
First United Realty
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