What is the average time it takes to do a short sale? 3mos.? 6mos.? 12 mos.?

exnavyew

New member
Assuming ya got all the paperwork right and there's a reasonable cash offer on the house.
Any short sale experts out there? ;)
Would like to know why it's such a bureaucratic nightmare to get a short sale thru the bank's 'Loss Mitigation Dept.'. You'ld think they would be happy to get something rather than pay for a foreclosure and clear much less via a sheriff's sale.
thx
 
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