So we after months get our short sale approved, then a second appr comes in lower, a few weeks later, we wait, and it gets approved again.   We get excited.   We still know that, that until we close, not to get hopes fully up.    Now there are some probate issues.  

 

Not sure fully of terminology, but my lawyer said something about they need court permission to sell or close?   She CCed me an e-mail sent to someone on their side.   Then, (knowing this is public info) I went to our court website.  Apparently our seller's family got a failure to appear to court.    Could this be whats holding this up?   Our seller is deceased, but her kids (who did not own it) have been handling everthing.   

I would be lying if I did not say we weren't getting happy, but not we are rapidly getting anxious, but now, b.c we were supposed to close by the 25th, anxiety is building.   My lawyer also mentioned in her e-mail that "my clients have done all they can".   So, my questions are, with all these months that it took, wouldn't the other attorney and agent make sure this was done, and....if it does go beyond the 25th, being it is not our fault, will the bank extend, or is it a done deal?   

 

Thanks in advance,

 

Lauren

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Replies

  • Lauren,

       There are many factors that increase or decrease your chances of getting an extension from the lender to close. Getting at least one extension is possible in manycircumstances. Hopefully the probate issue will be resolved shortly and you can close quickly.

    Brett@ishortsalenow.com

    310-564-6389

    www.ishortsalenow.com

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