Comments on: how long will it take a shorts sell after the bpo is done and did i make a good offer? http://www.cauvin-inc.com/all-realestate-agents/how-long-will-it-take-a-shorts-sell-after-the-bpo-is-done-and-did-i-make-a-good-offer/ Sun, 18 Apr 2010 02:55:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Rex http://www.cauvin-inc.com/all-realestate-agents/how-long-will-it-take-a-shorts-sell-after-the-bpo-is-done-and-did-i-make-a-good-offer/#comment-2393 Rex Tue, 30 Mar 2010 16:09:59 +0000 http://www.cauvin-inc.com/all-realestate-agents/how-long-will-it-take-a-shorts-sell-after-the-bpo-is-done-and-did-i-make-a-good-offer#comment-2393 Your offer is fairly good, depending on how much cash you are putting down. You have to just wait now. Since it sounds like the sellers have not even started their process yet you will be waiting awhile. Keep in mind that they might not be approved for a short sale, just because that is what they want to do the bank does not have to agree. They are unlikely to agree if the seller has means to pay their mortgage, or the house is not even in foreclosure.<br><b>References : </b><br> Your offer is fairly good, depending on how much cash you are putting down.

You have to just wait now. Since it sounds like the sellers have not even started their process yet you will be waiting awhile.

Keep in mind that they might not be approved for a short sale, just because that is what they want to do the bank does not have to agree. They are unlikely to agree if the seller has means to pay their mortgage, or the house is not even in foreclosure.
References :

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