BEST ANSWER
good afternoon..i suggest you do two things.if you still want this home, then stay on it...nothing is going to happen without the bk trustee granting the sale in writing which would then have to be presented to the title/escrow co..the bk filing will show on the title committment as a requirement to be satisfied by the bk courts..it would also grant a certain window of time to close escrow......if a short sale approval or looming foreclosure takes your closing outside the window granted by the bk trustee, then you would need to have the trustee grant an extension......it could still be contingent on a short sale or be going into forelcosure....i would also be looking for another home.you may find something even more attractive to you than this home...........understand, that staying with it is going to cause you anxiety, and a lot of time and still may never close in the foreseeable future.......best of luck.bob mcclure- success mortgage partners- plymouth, michigan.......
Wed Jul 8 2009, 12:04