Buyer on a Wells Fargo SS and I NEED HELP!!

Hi. I am in the process of trying to buy a short sale the bank who holds the loan is Wells Fargo. My offer was submitted and accepted by the seller 3/6/16. 2 weeks later u agent called and told me the seller was going to do a loan mod and the SS was off, so I kept looking at other homes. 4/1/16 my agent called and said the SS was back on and asked if I wanted to proceed. I said yes. A couple amendments were emailed to me and I signed and sent them back. 4/19/16 my agent called and said the BPO value came back, in came in $3k higher than listing price, my offer was for full listing price but I asked for them to pay closing costs. 6/2/16 I asked my agent for an update. He tried to call the listing agent, who NEVER returns our calls, text or emails, and eventually found out that Wells Fargo supposedly asked the seller for paperwork but he didn't tell us what it was for. As of now we still haven't heard anything back. The seller bought the house 2/2015 and NEVER made a payment. They have now mentioned filing BK. The house has been scheduled for trustee sale auction since March and has been postponed 5 times. It is now scheduled again for 7/12/16. Does anybody have any idea of what could be going on? ANY and ALL help would be much appreciated!!

Replies

Wayne Brooks June 15, 2016 at 3:21pm

Well, did you make a counter offer to the bank's counter?
- Kristina > Wayne Brooks June 15, 2016 at 3:51pm
  
  The bank hasn't countered. At least I haven't been informed if they have. The listing agent doesn't communicate with us and my agent is useless.

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