Home Buying in 46544>Question Details

Bulls23, Home Buyer in South Bend, IN

How long does Bank of America take to heart back on a short sale?

Asked by Bulls23, South Bend, IN Sun Apr 3, 2011

Made the offer approximately 5 and half weeks ago and we are the only offer on the table to this point as of 2 days ago.

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3
Bulls23;
Only 5 and 1/2 weeks ago???
Ask what's going on in 5 and 1/2 months.
Welcome to Short Sales!!
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0 votes Thank Flag Link Mon Apr 4, 2011
It wont be tomorrow, probably a month of Sundays. My recommendation is to skip the short sales and go for freddie and fannie bank owned REO's. Have your Realtor pull REO's in your price range and preferred area and skip the drama.
0 votes Thank Flag Link Sun Apr 3, 2011
Could be tomorrow. Could be 6 months from now.

Your Realtor probably can give you a slightly better guess, but that's all it'll be . . . a guess.

Good luck.
0 votes Thank Flag Link Sun Apr 3, 2011
Don Tepper, Real Estate Pro in Burke, VA
MVP'08
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