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Philadelphia Short Sales: How Long Will A Short Sale Take?
Philadelphia Short Sales: How Long Will A Short Sale Take? Philadelphia Short Sales:  That is the question of the year ! It is a great question ! It is one that every Buyer, Seller, and Realtor ask when dealing with Philadelphia Short Sales.   The simple answer is, " Your guess is as good as mine !"  The more appropriate answer is, " It depends on the bank."  Not that either response is a good answer ! 
Chris and I are self proclaimed Short Sale Specialists in Philadelphia. We have had a lot of Short Sale Success in Philadelphia.  It is not that Philly has a sinking Real Estate Market.  In fact just the opposite is true.  We are simply Ready, Willing, and Able to do the work that is needed for a Philadelphia Short Sale.  (Low commissions and lots of work are not popular in our industry.) Yesterday I was on the phone with Bank of America to discuss one of our pending short sales.  They have a 3 Phase process that I like for educational purposes that we will elaborate on to help answer this elusive question.  I am certainly not thrilled with the length of time it takes for the process.  Their 3 ... more

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