Asked by Whydidthishappen, Hagerstown, MD • Wed Jan 26, 2011
We put a contract on a short sale home Oct 1 and were told they expected the close date to be around Dec 15. We provided all necessary documentation, etc. Every 3 weeks we received a blanket update from the realtor saying that it is progressing along. We just received a phone call yesterday from the realtor saying the buyer was able to negotiate a better payment with the bank and will be keeping the home. The realtor would like us to sign a release agreement not. I do not feel comfortable doing this until I have more information. Do we have any recourse?
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