There are no laws currently in effect that require a 30 day turnaround. Although sometimes a short sale can go through within a month, in most cases it will be more like six months. At least that is what I see from my experience. Keep in mind that regular non-short sale closings take 2.5 to 3 months as well. If I can be of further assistance please let me know. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783