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Occasional Contributor
Raghida A.
Posts: 3
Registered: ‎11-03-2011

in short sales how many days we must wait to know if we get the offer ...?

i make an offer for a home in short sales . how many days i must waiting to get the answer ? 

and do i have a chance to upgrade my price ordirectly they choose the highest price offered ?

Moderator
Tom Varian
Posts: 232
Registered: ‎05-09-2011

Re: in short sales how many days we must wait to know if we get the offer ...?

Welcome to the ZipRealty community and thank you for posting in the forums!

 

I will contact one of the local agents to see if they are able to answer this question for you.

 

 

Tom Varian

Client Care Specialist

ZipRealty, Inc

ZipRealty Agent Council
Len Malena
Posts: 399
Registered: ‎03-29-2010

Re: in short sales how many days we must wait to know if we get the offer ...?

The agent that wrote the offer for you would be the best person to answer these questions.

In general, your offer first must be accepted by the owner of the home, then the short sale lender(s) and any other lien holders must approve the terms of the sale before a transaction can move forward.

There are a lot of variables with short sales, it can be very frustrating for buyers (and sellers) while waiting for decisions from all the involved parties.

OC Realtor
LMalena@ziprealty.com
949-459-6752