Hello Thomas. In a short sale situation, the seller's acceptance is not really a very significant event. What matters is whether the bank approves the offer. The wait between the seller's acceptance and the lender's decision varies greatly. How long the bank will take to make a decision will depend mainly on their case load, whether this is the first offer they have considered (i.e., are they starting the file from scratch). If they have considered a prior offer, a lot of the work on their end has already been done and a decision on a second offer will most likely happen sooner. I would say you should expect a minimum of 6 weeks (with any luck, it could be less, but don't count on it) and 3 months to never. Once the bank has approved the short sale, be prepared to close in no more than 30 days. Use the waiting time to make sure your loan is ready to go and everything is lined up so that nothing stands in the way of a quick closing. It's a wait and then hurry up type of situation. The banks don't reward buyers for waiting patiently. If you love the house, it's all worth it. Just remember that one of the main ingridients to a successful short sale is a patient buyer. Good luck to you.