YEA!!!!!!!!!
Well I've been away for awhile studying for my finals but I have GREAT news! I just bought my first house and it was a short sale!
The seller accepted my-full price offer on 4/5/09 and then today, 5/6/09 at 10:00 pm, I got word that the bank approved it! I have to be closed and have the deed filed by 6/5/09- a mere month! I have MOST of my financing done, so I should be mostly good to go!
I was worried for awhile because my realtor told me that just a few days ago, the seller had completed the extensive paperwork needed and shipped it to the bank! I thought it would be MONTHS before I heard from the bank but NOPE!
The story mostly ends happily. My fiance and I are not doing well. He's not happy because he hasn't even begun to try and sell his un-sellable home and we already said (mostly in anger) that we should cancel the wedding. The funny thing is, I don't care. I am 28 years old and getting my first home. Whether he moves in or not, I could care less. It's just going to be tighter on the budget than I had first thought. But that's a whole 'nother story. For now, I am just VERY happy about this the great deal I got on a very nice home!
I wish the best of luck to all those still waiting on word from their short sales.
I can finally stop being jealous of all those who already got the good word.
And I can thank this GREAT forum that taught me what a short sale was and what I could expect. Thanks to a lot of the great posters too (LongIsland).
Let's just hope nothing funky happens in the next 30 days before close...
Jenn