Readers describe short-sale troubles

My mailbox is full of questions from homeowners trying to complete short sales. Here are two fairly common situations I'm hearing about:

Q: I signed a contract for an alleged "short sale." The price of the house is listed online at $280,000.

After accepting the seller's asking price, I made a down payment of $10,000 to show my interest in purchasing the home. After about a month, the seller's agent said the "PMI" company wants $23,000 more or they won't agree to the sale.

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