Untill your receive the banks short sale approval letters signed by the sellers you are free to shop for another home. If you do find another home...you will need to "Nulify" the short sale contract.
Re/Max Realty Group
Submit a back up offer however confirm thru your agent requirements in order cancel, which would part of the sales offer submitted
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nothing wrong with 2 offers. it is 2 contracts that does one in! 2 offers is the potential homebuyers intention. use an addenda already printed by the maryland association of realtors. 2 page addenda. aa standard clauses. it will keep an uninformed agnet from practicing law and putting you in harms way. simple fill in the blanks and you will be all set. i think the part you are looking for is on the bottom of 1 of the 2 pages. pretty simple and it lets you agree to everything with the seller. i dont have all the details and its late and im rambling. my point is that you should use a prewritten addenda that was written by a slimy lawyer. that is the safest way to play. also, when an agent gives advice, the first question you should ask is.....how many deals do you have under conract right this very second. if the answer is less than 3 dont listen to them as they are not a closer.
the bank hasn't signed off on your offer before writing an offer on another home. I am sure your Realtor
can help you through this process and give you guidance.