I just spoke to the agent for ML #F1063968: they have 3 offers on this property. So even if the original / first buyers who wrote the contract were to walk away from this deal, there are still 2 other offers behind that one. Should the first buyers walk away, then the second offer that was written would then slide into position as the next offer to be considered.
The agent said that the BPO (Broker's Price Opinion, which is similiar to an appraisal) has been done and is fine. So now, they are just waiting for the bank to wrap up the paperwork/etc. on their end. The closing date should be before the end of the year. In short sales, though, who knows.
The first buyers are sticking with this transaction and they are not going anywhere.
It is safe to assume that this house is off of the market, Kelly.