HELP to Short Sale Buyer- Selling is Rent Skimming

[Jen Kapela]

I am really hoping that the professional real estate experts (or even just really smart people) in this forum can help me!!
I have been trying to purchase a short sale property in Colorado for almost 10 months now and I have been renting the property from the owner this entire time- over $14,000 has been paid to the property owner while we have been waiting for this short sale to be approved.
A very long story short, it is now apparent to us that the home owner has not submitted our short sale offer because he has enjoyed collecting our rent every month. He is now giving us 2 weeks notice to get out so he can try to short sale the property again and avoid a foreclosure. We have refused to do another short sale with this sleezy guy, just hoping to purchase the property at the foreclosure auction, but the bank keeps extending the sale date and we cannot figure out why?? The home owner has not paid on his mortgage in nearly 2 years!!! but the bank still does not foreclose on him. This guy really knows how to play the system and it is obviously working for him.
We have maintained the property like our own, made repairs, kept it up very well, love our neighbors and have 3 kids in the local school. We do not want to lose this house, but it is no longer possible to work with the home owner to purchase the home. The property is scheduled to go to auction on May 11th, but we need to be moved out of the property by April 30th.
I have tried SOOO hard to get in touch with ANYONE at Metlife who will listen to my story, and look in to this guys situation and care at all about the rent skimming or other fraudulent tactics this guy is doing.
I would love any advice on how to get someone from Metlife to FINALLY send this home to the foreclosure sale or at the very least, how do I get in touch with someone at Metlife and have my situation heard?
Thanks

[Don Konipol]

Thank God there are still people like you and your family in this world. Most people's ethics seem to evaporate when money is involved. The courts would probably say you have no loss - you paid rent and got use of the property. Of course you will not be compensated for the fact that you spent all this time establishing a life in this home - nor would our system be workable if you were.

Your story shows the law of unintended consequences. The socialists in government decide to over ride the free market by use of judicial rulings, executive rulings and Presidential bullying. So the lending institutions are unable to foreclose quickly and not at all as long as the borrower is negotiating a short sale. Meanwhile the borrower games the system, collects rent without paying the loan, and the "loss" is suffered by the shareholders of the lending institution, and ultimately by the tax payers who are responsible for the FDIC bailing out the banks, or the larger bailouts of 2009.

When I was a grade school student I read about the working of the 1930's New Deal. When in college I studied about the governmental takeover of the free market in the 1930s it became very clear why the program was never able to bring us out of the depression. And this failed policy is the prototype for our present economic administration. Time to rethink my investments!