I am working on my 1st short sale, and it is a challenge. I have been told it would be. I have submitted the workout package about 3 weeks ago, been calling once a week since, the mortgage company finally confirmed that they recevied the workout pkg, the 1st time I called they told me it would take 3-5 business days before they would even confirm receiving it. Ok got that out of the way.
Next I was told it would take any where from 60 to 90 days it from the time they received the workout package before it would be assigned to someone in the loss migation department. Mean time month # 3 is fast approaching since a payment has been made. I am concerned that it would be foreclosed on before having a chance of being shown and an offer submitted, which I did show it and thought I was going to have an offer, but they changed their minds. Thanks for letting me vent a little. I do like challenges!!
ANY ADVICE AND COMMENTS WOULD BE GREATLY APPRECIATED!!!!