Loan transfers are a night mire that you want to avoid. Get it done!
First Weber Group
Certified Distressed Property Expert
You could always ask for an extension but a quick closing after a long drawn out waiting period is normal for short sales and if the servicing is being transfered this loan will be part of a package and an extension may not be able to be granted.
As for your ernest money check with your RealtorÂ®.