Three months ago I put in an offer on a short sale. The seller accepted the offer.

Asked by Betty Druzin, Canada, KY Sat May 31, 2008

According to the agent, the lender said the file was going through a final review. This was three weeks ago. How long should this process take? During this time, since there is a pending offer on the table, if the lender decides not to accept our offer, would he have to advise us or could he just ignore the offer?

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