BEST ANSWER
Hey Sherlin,
Way too many variables here.
Check with your attorney to review the contract documents and this will let you know if the seller is in default.
Short Sales can be very complicated as they involve more than just the Buyer and Seller Parties. The Seller may be reluctant to respond because their Lender may not have responded to them. Remember that in a Short Sale, the Seller will leave the closing table with no money, but avert foreclosure. They are likely motivated to keep you in the deal, but are very likely dealing with many other issues. It is entirely possible that the seller feels the situation is out of their control and is being non-responsive. Your agent can discuss with the sellers agent the activities the seller has been taking to push the deal forward. Otherwise, the attorneys will determine the state of the contract.
Wayne Beals
Realtor
Keller Williams CCG
312-77BEALS
312-772-3257
wbeals@kw.com
Mon Nov 2 2009, 08:34