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how long does it take for a short sale?

Bf
Home Buyer
85364

Answers (1)
Patrick Thies
Agent
Elmhurst, IL
FIRST ANSWER

Every short sale is different. It is not uncommon for it to take up to 3 months or more. Sometimes it's less but usually not it will depend on the bank and how backed up they are. I would be cautious if someone tells you that they can get it through in 30 days or so. Plan on it taking longer. If it closes sooner great if not you shouldn't be surprised.

FYI had an accepted offer July 15th was told it could close August 28th. It just closed Monday of this week.

Thu Oct 22 2009, 17:21

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