Short Sale Processing Time
October 26, 2007 · Filed Under Short Sale
At Mortgage News Daily.com, there is an article about the time it takes to process short sales. Banks are hard to deal with, loss mitigators are overwhelmed, and many attempts at short sales fail.
The article contains anecdotes of timelines like 2 months, to 11 months, to complete rejection by the banks.
A short sale process is not a guaranteed solution
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