Comments on: How long does it take a bank to approve a bid on a short sale of a pre-foreclosed house? http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/ Houses for Sale Mon, 06 Sep 2010 13:26:50 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Yanswersmonitorsarenazis http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/comment-page-1/#comment-19 Yanswersmonitorsarenazis Wed, 25 Mar 2009 12:19:07 +0000 http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/#comment-19 Many lenders, especially the subprime ones, are absolutely inundated with foreclosures. No one would ever staff enough people to handle the volume they are currently trying to manage. I'm hearing similar stories all the time right now. They are just so backed up, nothing is getting done anywhere. It's brutal. It's typically a 2-3 week process at best. Right now, I'm not surprised it's a couple months. Many lenders, especially the subprime ones, are absolutely inundated with foreclosures. No one would ever staff enough people to handle the volume they are currently trying to manage.

I’m hearing similar stories all the time right now. They are just so backed up, nothing is getting done anywhere. It’s brutal.

It’s typically a 2-3 week process at best. Right now, I’m not surprised it’s a couple months.

]]> By: lenderjayne http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/comment-page-1/#comment-18 lenderjayne Tue, 24 Mar 2009 12:28:24 +0000 http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/#comment-18 The bank it was suppose to close june 24 60 day escrow and we still have no response back yet they are working on it was suppose to close june 24 60 day escrow and we are. The bank it was suppose to close june 24 60 day escrow and we still have no response back yet they are working on it was suppose to close june 24 60 day escrow and we are.

]]> By: Kimberly K http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/comment-page-1/#comment-17 Kimberly K Tue, 24 Mar 2009 11:54:50 +0000 http://seekinghouse.com/how-long-does-it-take-a-bank-to-approve-a-bid-on-a-short-sale-of-a-pre-foreclosed-house/12/#comment-17 The same thing right now its pretty frustrating isnt it. An answer for you but you but you but you might want to check out the same thing right now its pretty frustrating isnt it. For you but you might want to check out the two short sale questions ive asked here httpanswersyahoocomquestionindex_yltatdcuzelqlf8y1lzogvf2nlty6ixqid20070626152502aadqr3m. The two short sale questions ive asked here httpanswersyahoocomquestionindex_yltatdcuzelqlf8y1lzogvf2nlty6ixqid20070626152502aadqr3m httpanswersyahoocomquestionindex_yltapkn3adw5dqhjcv1gblb4m7ty6ixqid20070614041104aaf4qp8 and see what people are saying there were going through the same thing right now its pretty frustrating isnt it. The same thing right now its pretty frustrating isnt it.
An answer for you but you but you but you might want to check out the same thing right now its pretty frustrating isnt it.
For you but you might want to check out the two short sale questions ive asked here httpanswersyahoocomquestionindex_yltatdcuzelqlf8y1lzogvf2nlty6ixqid20070626152502aadqr3m.
The two short sale questions ive asked here httpanswersyahoocomquestionindex_yltatdcuzelqlf8y1lzogvf2nlty6ixqid20070626152502aadqr3m httpanswersyahoocomquestionindex_yltapkn3adw5dqhjcv1gblb4m7ty6ixqid20070614041104aaf4qp8 and see what people are saying there were going through the same thing right now its pretty frustrating isnt it.

]]>