My first thoughts were "Whatcha Talkin about Willis?" - Old TV Show reference from - Different Strokes. Anyway there are MANY people who sign those promissory notes simply because they just don't know any better. How sad for these banks to take advantage of them. I love your response letter. Keep up up to date! - Happy New Year!There has been an interesting twist to share. My agent called and said that the investor, Fannie Mae, had a teensy weensy request to include in the latest offer from the buyer in our short sale. Fannie Mae needed us to sign a promissory note agreeing to pay back like $110k and all would be right in short sale land. I say what, what? Both my agent and I had a good laugh, then we agreed that he would submit the latest paperwork with me agreeing to pay back $0, at 0% over 0 years...now that's more like it! Just when you think things are too good to be true, they aren't. Anyway, I think its a minor blip. Fannie Mae came back and asked for a letter stating why we weren't willing to sign a promissory note. I produced it in a few minutes. It reads like this (paraphrase)...."how about we stop this nonsense, let the house go to foreclosure and I don't owe a dime?".....I mean really? Why would I even think about paying back $110k in the short sale? Its a short sale people, not a settlement. Ludicrous. Anyway, Jan 1st, 2015 is a day away and one more rent payment to us. I hope Fannie Mae keeps this up!