I have been working with a realtor for 4 months now on a short sale transaction that finally got lenders (2) approval in the middle of June.  Upon hearing  from the lenders that the transaction was approved the Listing agent Realtor called me to schedule the closing and advised that the seller would be calling me later that day. I did in fact receive a call from the seller that day and was absolutely STUNNED to hear what they had to say.  

The property that was encumbered by the mortgage contained about an acre and a half of land and had a house on it.  The seller called to tell me that it was their desire to “sell” only half of the property to the buyer (the half containing the house); pay the lenders off and then went on to say that they were going to sell the other half of the property to another person.  I advised them that I could not be a party to this transaction as they were attempting to defraud their lenders who had FINALLY approved the short sale transaction.