2nd holding up sale of short sale?

[Kathy Judd]

I'm looking at a property where a buyer pulled out after 9 months of waiting. The listing price will just cover the 1st position and 2nd doesn't get anything.

Is it possible for the 2nd to delay the short sale for that long? Just curious if I need to negotiate with the second to make the short sale go smoother.

[Patrick L.]

The 2nd can hold it up as long as they want, you have to get them to agree to release their lien and why in the world would they do that for nothing?   Yes they can get foreclosed out but that will take time and money, if you want the deal to get done they'd have to get something.