1. The experience and quality of the short sale agents.
2. The complete cooperation with the process of the home sellers.
3. The bank and or banks involved in the short sale approval.
4. Responsive communnication between all paries involved.
RE/MAX Realty Group
All short sales vary in time depending upon a number of factors i.e. numerous liens, the quickness in which paperwork is processed, short sale system utilized i.e. equator. I always tell my clients to anticpate 6 months. Now some short sales happen quickly others have taken over 12 months.
In my experience of processing short sales, on average they settle as quick as 60 days and and I am working on one now in which the process is taking 9 months and still does not have an approval. It all depends on the lender. Investor backed loans and Government Owned Loans (FHA etc...) take the longest to complete.