The Waiting Game

If you are wondering what is going on with Jenn-the-buyer (AKA Vegas Jenn) I will tell you- we are just in a holding pattern.

Here is the situation:
1. Currently in contract for a Bank of America Short Sale (went into contract mid-May). No BPO received as of yet. Still in "Phase 1". As of yet seller has not had an NOD filed. No end in sight
2. Also currently in contract for a Suntrust Short Sale. (went into contract mid to late September). Have not received all seller signed addendums and according to listing agent the short sale package was "partially" submitted to Suntrust. Seller has an NOD (Notice of Default) that was filed on July 31st. Looks like potential trustee sale would commence around end of November or beginning of December. No end in sight.
3. Contract written on a FNMA owned property. No reply as of yet. Contract was written Tuesday September 29th. At the time that we wrote the contract we were the only offer in hand. Not surprisingly there are now multiple offers so we aren't holding out much hope. I can't say there is no end in sight on this as at least we should know by Tuesday or Wednesday if they have accepted it or not.
4. The short term house we are renting is currently in pre-foreclosure. We discovered that two days ago and it appears that we have until approximately mid December before the actual foreclosure and bank possession will occur. So what does that mean? It means that with the current timelines on closing escrow we will need to get an offer in on a house and get it accepted within the next few weeks in order to not find ourselves with a notice taped up on the garage and a lockbox on the door.

Oh yeah, and while we were at the park this afternoon with the kids someone stole our cooler right out of our wagon. We feel the black cloud hanging over our head right now.