Re: foreclosures and short sales

Posted by steele in minnesota on June 29, 2009 at 06:00:22:

In Reply to: Re: foreclosures and short sales posted by NJD on June 29, 2009 at 05:22:19:

NJD is correct. About the only chance for a delay would be a voluntary one by the lender. And that is unlikely.

We regularly work with short sale on both the buying and selling side. If there is a solid offer and the bank has had ample time to review delays are common. We regularly see 30-60 days delays if the bank sees progress being made.

While possible, it doesn't seem like the bank has had this review time. I guess one can just watch for the sale and see if it takes place.

What state are you in, again?

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