This is very unfortunate to the seller. There is a short sale in my neighborhood up here that had mutiple offers. But the bank took so long to consider them, I heard from a HOA board member that the buyers have all walked.
The saddest part is that the seller had an offer just below his original non short sale asking price back in June and turned it down and it is way above his current short sale price. He could not clean up the house, let alone stage it, before listing it. I toured it and it smelled bad and looked very 80’s. Not what you expect from a million dollar tract home. It was filthy and has never been updated/upgraded, unlike most of the homes in the neighborhood.
He should have taken that offer. Hindsight and all that.