How Long Does It Take To Buy A Short Sale Today

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 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

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 Buying a short sale property typically takes from