Well these can go anywhere from 3 months to a year. With the seller still owing 280k and you getting it for 225k, it seems a little far fetched. What are the going rates in the area. I know Orland very well, and to get a quad level for 225k seems like a steal of a lifetime. When you do a short sale, the property you are buying must have a price that can be justified. I highly doubt the BPO for the bank is going to come in this low. A lot of short sales are pip dreams, and this seems like one of those. A lot of agent use the first buyer as bait for the bank. They want to see what the bank wants and what price they are willing to take. The banks dont just take anything a buyer wants to pay for it. The numbers must make sense. A quad for 225k seems like it may be a very tough one. Id need to know what part of Orland to know its its going to an almost definite no.