I'm not sure if this is going to work, but my home is going through a short sale. It will close in the beginning of June. Can I close on a new home before closing on my old home via short sale? I'm not sure if there is a possible loop hole. Will my mortgage company from my existing home call the new mortgage company to tell them I'm in short sale? I figure if there is no communication between both companies, they will never know until it's too late.