This process can take months and is further complicated when more than one lender is involved. But in this case, 4 years later is too much time. Make sure to talk to he listing agent and see exactly what's going on.
Best of Luck,
This seems like an excessive amount of time to be waiting for a short sale. My biggest concern would be that you offered a price in 2009 for the house that may not be the 2012 price. The BPO will help determine the bank's price, but I am sorry to say that you may have to pay more now.
Gloria 754-245-4662, firstname.lastname@example.org
I have one that I submitted March 27th no word yet from the Bank that was bought recently by another bank.
If you can hold on you will get a great deal for a home at normally a 30 to 40% reduced price. Good Luck!!
How are you? Short sales take a lot of patience. Sometimes months. Ask your agent to contact the listing office periodically and keep you informed. I hope you really like the house and I hope it is worth the wait.