Sorry to hear that you are having a hard time with short sales. 30-45 day approval is reasonable but expected. On one of my properties I already have a negotiator with Chase. It was less than a week. The BPO was done yesterday and my file will be submitted to the investors Friday. Like I said before in my previous post, if the listing agent has experience with short sales, they will know how to navigate through the process and get your offer escalated to the top of the pile.
If an agent claims to be experienced, by looking at what he has done, you can judge the amount of time it takes him/her to get approval by the from Pending to close.
Good luck - Wed Jun 24 2009, 07:16