Short sales are an "adventure". Hopefully you were warned by your agent. As the other guys below said, don't get attached, there could be multiple offers, the banks work in their favor only. The get bailed out and still have no problem in letting a home sit there until they eeek out the highest and best offer. It's a pitiful game with the banks sometimes.

Hi Nina,

Take Lynns' advice because it's similar to what I tell my cleints, "Don't get to attached to this house and let's keep looking. Because of the number of Short Sales, banks have gotten slower than they were in the past. It's taking up to six months before they review your offer in some cases. So keep looking and see what else is on the market.

Your buyers agent should be able assist you with these questions.

You could have either an immediate response OR NEVER hear back from bank it all dpends.

Any offers to have a bank have drama NOT DUE TO buyer/listing agents. We instruct our clients although we submitted an offer ALSO best keep moving on . I have been an agents on both sides of short sale transaction.

National Featured Realtor and Consultant, Mortgage Loan Officer, Lecturer regarding Credit Repair
Lynn911