Mary just closed on her short sale 7/14/11 We got the approval in 58 days!! and closed within 90. Mary was forgiven over $130,000 and had a great experience with the 12:45 Team. Its not uncommon to lose a buyer during the short sale process. Some buyers change their mind about buying, can't get financing or find another place sooner. The buyer did walk on us here, but we were able to get another buyer within 2 days and close on the same date we were going to with the previous buyer!