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Shegiff's Blog

By Shegiff | Home Buyer in Rockland, MA

Short sales & banks

I just put in an offer on a short sale condo that was accepted by the current owner. (We put in an offer that was $15,000 above asking.) Both parties signed the P&S agreement, and it was submitted to the bank's negotiator today. 

How long on average does this next process of waiting usually take?  Are my chances pretty good at getting this condo? I mean, I did offer 15k more than what was asked.

Thank you in advance for any information that you can give me.


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