I have just run into a situation where my buyer had a contract in on a "Potential Short Sale" that was going to be foreclosed on this month and NOW that the bank has postponed the FC sale ... the Sellers have decided to do a Loan Modification even though neither of them have an income or job .... how can this be?

I have been told by more experienced agents than myself that the financial information that the banks need for a Short Sale is much different from what they need for…