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Tag: response from bank

Q&A: How Long to Hear Back on a Short Sale?

31 March, 2008 (06:10) | Info for Buyers, Info for Sellers, Questions and Answers | By: Aaron Dickinson - Edina Realty

Question: I submitted an offer on a listing where the seller needs to get approval of a short sale from their bank(s)…how long will it take to hear back?
Answer: Responses from banks on short sales is typically taking anywhere from 2 weeks to 2 months, with 1+ months being the most typical.  Most lenders are [...]


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