Hope you can hang in there.
Best of luck,
A local agent or possibly mortgage representative may be able to look up who currently holds the loan or loans. If you are dealing with a listing agent they know who the lender is. Hang in there Just Jack as most short-sales fall apart becuase the buyer gets fed-up and walks away from the transaction.
When it comes to short sales the bank unfortuantely could care less if you have all cash. It will come down to if the seller has a true hardship, your offer is not more than 5-7% below market value, and if the investor will take that amount (sojmetimes they think its better to take the hit & collect the MI)
I have seen responses come in anywhere from 2 days to 8 months. Every deal is differnet. If this property has had offers before, and the lender has ordered a recent BPO ( Broker Price Opinion) then your answer may come soon. Ask your agent to discuss this with the listing agent to find out more.
All the best,