How Long Does It Take To Buy: A Short Sale

The primary cause for the long timeline is that the seller’s bank acts as an active third party; even if the seller accepts your offer, the bank must conduct its own appraisal and review the seller's financial hardship before giving final approval. Typical Short Sale Timeline

The process is often described as a "long sale" because of the multi-layered approval steps required by the lender. how long does it take to buy a short sale

Buying a short sale property typically takes from start to finish. While it is technically possible to close in as little as 2 months, complex cases with multiple lenders can easily stretch to a year or longer. The primary cause for the long timeline is