how long does a short sale take: If I Start a Short Sale Today Can I Stay Through The Holidays? - 11/19/10 01:53 AM
Many homeowners are struggling with mortgage payments and foreclosure and are worried they’ll be kicked out before the holidays.
Louisville homeowners call me in November and December to ask how long a short sale takes. The question behind the question is often: Can I stay in my home for Christmas and New Year’s Day?
The answer is: Yes, you can stay in your home through the holidays
The short sale process takes several months, at least.
And here’s why
Banks need to know how much a buyer is willing to pay before they consider a short sale. It takes some time … (8 comments)