For a bank owned townhouse we put the offer.How long it usually takes to hear from the bank?And if our offer was too low will realtor let us know
Answers (2)
It depends on the bank. Unfortunately, there is no standard time. Short sales are usually taking much longer than foreclosures. One of the banks I am dealing with now (bank owned, not a short sale) should have an answer within 48 hours.
I hope this helps!
Web Reference: http://www.LauraKarambelas.com
FIRST ANSWER
It could take between 3 and 6 months to here back from the bank. Usually if the offer is too low, the bank will reject it and let your agent know.
Didn’t find what you were looking for? Ask a question!
More Q&A about Home Buying in 60171
View all »
Asked Wed Aug 19 2009, 11:43 by Socalbabs in 60171
Ask a question
Got a real estate question? Get answers from locals, experts and real estate pros.
Email me when…
View all »
1 - 2 of 2
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback