That's a loaded question. It all depends on the bank, and the responsiveness of the sellers. The sellers have to provide the bank with all kinds of documents, including back taxes, bank account info, paystubs, etc. When you submit an offer, it typically goes through three different areas within the short sale department. The offer goes to the listing real estate agent, who then gets the sign off from the seller, then it goes to the bank for the approval and negotiations. The bank sets its own deadlines. It could respond in 48 hours, or it could respond in 48 days. The bank can accept the offer, or it could come back with a counter offer. I've had short sales approved in as little as a week (Wells Fargo) and as long as nine months (Bank of America). Hope that helps. If not, feel free to ask more questions. I've been both a list agent on short sales and a buyer's agent on short sales. Either way, it's not an easy process, it takes a ton of patience and a lot of perserverence.