Monday, September 20, 2010

How long does a short sale take? Part 2

First, read this recent post with an eye-catching visual about how long short sales really take.

For even more commentary about how long short sales take, see the comments in this blog post about short sale processing time on the weblog REO Insider. Most comments written by Realtors, and other industry insiders.

In short, (as of 9/19/2010), over 60% of short sales were taking 6+ months, and more than 80% are taking more than 4 months.