How long until we hear an answer on a home sale?
We believe this big house and offered some to order. Was it a month. The house was so close to foreclosure are drawn from the county sheriff's sale. Every day I think today. Let's hear something, but every day no news. Your real estate agent told him I thought it would go fast. And to some extent, he was right when he refused the offer to him on Monday and on Tuesday, but the owner had accepted the deal. But now we are waiting on the shore. Does anyone know the process that the banks do and for how long it takes for generally? If you start looking for another house that is not a short sale? Starting to feel like my life is in a holding pattern and I'm not allowed to land.
Most take 12 to 16 weeks, with less than 20% chance of being accepted by banks. The "price" does not mean that the bank agreed that the first place, must be quite close to the estimated price.
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