Certified Buyer Representative (CBR)
Senior Real Estate Specialist (SRES)
Century 21 Princeton Properties
Top 2% of Century 21 Agents Nationwide
Unless the Short Sale deal you were involved in is simply so fantastic that it would be hard to beat I may suggest getting back out into the market and start hunting down the next great deal. In my 19 years as a full time agent I'm not a big fan of chasing down Short Sales because of circumstances you are experiences and others like it. It's often much more expeditious to either find a home that has already been forclosed upon, or more simply a great home that has been well maintained that has a very motivated seller. They're out there!
RE/MAX Relaty Group
Unfortunately it sounds like considerable time is going to be added to this transaction if you try to stick with this property as there are specific procedures that the bank needs to take for foreclosures, depending on where in the process they already are.