I need to postpone Short sale closing date

Asked by Njbuyer, Wayne, NJ Sat Apr 11, 2009

I'm in the process of a short sale, 6 months in. They have finally excepted my offer but want to close in 30 days. I need to wait 90 days to close. I was told bank won't accept my later closing date, is this true ? What do I do ? I don't want to lose the first time buyers rebate and my 3 yrs free of mortgage is in July, that is why I need to wait to qualify. My oroginal contract is void from Nov so they can't hold me to anything at this point.

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Victor Kamin…, Agent, Edison, NJ
Sun Jul 18, 2010
I know this question is old already but any updates?

And... What did you mean by your 3 yrs free of mortgage is in July?

I just found that odd and was wondering what you were talking about.
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Sarah "Sally"…, Agent, Chester, NJ
Mon Apr 13, 2009
NJ Buyer,

CALL YOUR ATTORNEY ASAP! The nature of your question is contractual and is best answered only by your Real Estate Attorney. I urge you to call him or her immediately.
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