Welcome to Phoenix!
The time period will depend. On a regular sale the seller usually responds within 24 hours (depending on how your agent structures the offer). After that a cash closing could take 1 or 2 weeks. A financed closing will take somewheber between 30 and 60 days, depending on the type of financing.
Foreclosures will typically take anywhere between 3 days and a week to respond, sometimes more. Cash closings will take between 2 weeks and a month depending on the bank.
Short sales might take somewhere between 2 and 6 months just for a response and many never even close.
Hope this helps and please let me know if you need more detailed information.
Carlos J. Ramirez, PC, ABR, CNE
Associate Broker/Realtor, HomeSmart -