Simmy -

this depends on HOW THE OFFER is being presented to the bank.

for more information - visit the web reference.

You can email me here: http://tommcgiveron.listingbook.com/?&page=contact

In a short sale situation, what banks typically do is review the files of offers when they know the goals for the month ie how much in losses can they take at that time and when they do respond if they accept your offer they usually want you to close right away. It is a hurry up and wait. I saw some happen in a few weeks and one took over 6 months as the loan was sold and there was confusion as to who really owned the loan. It will require patience.

My experience has been as short as 30 days and as long as 3 months. There is no average time. God help you if the bank is Chase. If you need more help...AskRey.

Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville

Direct 917-855-0277
rhollingsworth@houlihanlawrence.com