Please see my blog with tips and advice on buying a bank owned home
Godzyk Realty Group
One of New Hampshire's Leading REO Brokers
The #1 ranked agent for NH on Trulia
Bank owned properties can close very quick. It depends on how quick you want to close.
If you are taking out a loan then it depends on how long it takes your bank to provide you with the loan.
You will receive your keys at the closing table as soon as all paperwork has been signed.
What did you put in your offer? If you specified escrow and contingency timelines, then those decide how long it will actually close to get your keys.
For example, if you said you need to get a loan, and that you can close escrow in 30 days --- then you get your keys in 30 days after you satisfy all your contingencies and the sale is actually on record