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6 Weeks and nothing..EMC Short sale...

Posted by Jessica on April 30, 2011 at 12:27pm
So my fiance and I have put an offer in on a home that has been in the short sale process for quite some time.  There has only been one offer previous to us(months ago) and it never went through, the people backed out because the bank wouldn't pay all of the closing costs.  Well we put an offer in for the bank to pay half of the closing costs and the realtors thought that would be okay.  Well we're approaching our 7th week with nothing from the bank.  The selling realtor said the owners of the home hired a lawyer and she's waiting to hear back from him and he had told her NOT to contact the mortgage company but to just wait to hear from him.  Well I went on the Clerk's website and the only lawyer involved on this foreclosure is the Mortgage companys and it's listed that the defendents are representing themselves. Something is not adding up.  Originally we were told there was negotiator assigned and we should hear back something soon.  Nothing!  I took it upon myself to call the mortgage company(EMC) and they obviously couldn't give me any information regarding that specific short sale but they did however say, you should hear back between 2-3 weeks if an negotiator is assigned and 4-6 weeks if not. I'm beyond frustrated because the courts are getting this case rolling again and it's about to go into foreclosure.  Our realtor and our broker have both gone to the selling realtors office and have gotten no where, they just keep saying we're waiting and blah blah.  Is there anything we can go do?  Also which I find weird is that the selling realtor told us the last offer took 4 months to hear back and she said this one shouldn't take as long but no shes saying it's going to be another 3 months from now to hear anything which would put us in over 4 months.. Completely frustrated and would love some good advice.  Thanks! :)
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