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Gracie, Is this a Short Sale?
It's hard to answer on here with out all the particulars.
Who is causing this to be extended? Without knowing that we really cant give you a valuable answer.
I don't know a lot of the details so everything I say is speculation.I don't know if there is a title issue, if there is a lender's issue, if the seller wrote contingencies into the contract allowing the delay.
Your lender or realtor can give you a better explanation that anyone on this website can. The lender or realtor has all the facts. We don't.
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For Sale: $49,900
For Sale: $225,000