SvetLana Cole - Full Time Licensed broker with "Charles Rutenberg Realty"
3135 Book Rd, Naperville, IL 60564
“Equal Housing Opportunity”
How to purchase a short sale?
What is a timeline on a short sale?
What is short sale waiting period?
Three to nine months is a timeline on a short sale purchase. Two months is the fastest to close, occurs rare. Nine months is the longest to close on a short sale purchase. Most of the Short Sales close in between 3 to 9 months time. FHA insured loans take the longest to close, around 9 months.
But in most case short sales are worth the wait!
Follow me on Instagram @coleSvetlana
If you like to know "How to get your Short sale offer accepted", watch this video below.
There are many other useful videos on my Youtube channel too.
Please feel free to check them out.