Short Sale Has Left Me Suicidal
Hey all,
this is a short version, believe it or not.
I went under contract w/investor in hopes to conduct a short sale and save my credit. Here it is a year later and my home is less than 30 days from auction. Investor didn't have funds to cover banks request and attempted to assign our contract. Assignee wanted house vacant on the day of closing. This would have been just fine had we had enough warning. For 10 months (according to our agreement w/investor) we were to have an agreed upon time to vacate, then BOOM we're told that we have a closing date BUT we have to vacate the day of. This info was given to us 10 prior to closing. I did everything in my power to make it happen, but the investor did not agree to my request of an offer that was made to me by the assignee. The investor wanted to incorporate his offer into hers and it wasn't enough to cover hotel expenses, kennel fees or storage fees. I just wanted his offer stand seperate from the investors offer. Mind you, 1 month into our contract w/investor I put a down payment on another apartment, thinking that it would only take 45 days to complete the short sale. I was unable to get a refund on that deposit. We also voluntarily slashed our agreement price in half to free up funds for the investor to complete the deal. I don't know what else I could have done to help facilitate this sale. 10 months of being tied up w/an investor who has left us in a worse position than (s)he found us in. The bank won't entertain the thought of another short sale.
If anyone has some creative ideas that may help, please provide them. I am at my wits end. 
Thank you for allowing me to vent.
Your venting is well placed and describes a non performance on behalf of the Investor. I am very sorry for what has happened and believe me in view of this occurance your future life will be a thing of joy and beauty. Hell man there has got to be balance.
You can have an attorney file an action to restrain the sale and at the same time name all parties.
As each offers a performance balance its worth and decide what is best for you.
If you desire to utilize another method, you may if you like File for the Big B Chap 7. Then go do your business and the day before first creditors meetings withdraw your action. If more time is needed then repeat this action the following day. Just remember to withdraw one day prior to first creditors meeting. Annoying to all parties but it buys the desperate man or woman time.
Of the two I prefer the first. The choice of an attorney is most important. He should be young, very hungry and naturaly agressive. Feed him red meat and a small sum in advance. Not too much that will fire his greed. A short lease is most necessary when employing legal talent.
Go for it and good luck. Lucius
Lufos-
thank you so much for your reply and helpful advise.
I would like to avoid the big 'B' at any cost. Doesn't the filing alone stay on your credit report even if you don't go through with it? If not, I may reconsider. I really don't want to get anyone in trouble as it's not in my heart to do that. I just want out of this foreclosure disaster. Thanx again!