Is this a short sale? Does it take long for bank to approve?

Our realtor is telling us short sale properties can take months before hearing back from the banks, sometimes banks wont even respond.

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• bank own usually takes a couple of days or a week... -MrsKwok- ♀ (0 bytes) () 09/07/2009 postreply 16:22:54

• short sale does takes months... -MrsKwok- ♀ (0 bytes) () 09/07/2009 postreply 16:24:09

• This was not a short sale, but a foreclosure, so it only took -HenryLi- ♂ (359 bytes) () 09/07/2009 postreply 17:53:13