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Tuesday, August 17, 2010

How long does it take to complete a Short Sale?

How long does it take to complete a Short Sale?
30 days, 60 days, 90 day or more?
I have even heard from some agents over 1 year!

While I have never had a short sale take a year.
My stock answer to how long a short sale takes is 60 to 90 days to get the approval
and then another 30 days to close the escrow. Tomorrow I am closing on two Temecula Short Sales.One took only 48 days to get approved the other 5 months! The longer one took much longer than my average was because the lender wanted the seller to contribute over $10,000. After 2 extra months of back and forth talks with the lender I was able to reduced that number by over 50%.

at your service,

Sidney Kutchuk AKA...Cyber Sid
SHORT SALE AGENT
CALL ME, 951.215-6745 cell
http://breakingtemeculanews.com

Sidney@RealtyWrks.com visit my site at > www.aShortSale.com

41720 Winchester Rd #I Temecula Calif. 92590 951.676-4663