Overview of the Short Sale Process

Short sales can require many hours of hard work and organization is imperative in order to get them done. Please be aware that short sales will typically take approximately 3-4 months to complete depending on which state you are in (see below for typical lender timelines), and that is simply because the majority of lenders are overwhelmed at the moment, some receiving as many as 500 or more short sale packages a day! In some cases, 2 or 3 weeks may go by without any change in the status of a file.



Please note that these timelines can vary by lender and that the above timeframes are meant to provide a general timeline, again taking into account that nearly all lenders are overwhelmed with short sales.

You'll want to be informed about your case at all times. We use an online tracking system that your listing agent has access to 24 hours per day. At least once per week, or any time there is activity on your file, you and your agent will receive an email update. Take a Virtual Tour of our Short Sale Tracking System.

The process is stressful enough, the least we can do is keep you posted!