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How long should I wait to expect on a short sale?
About 3 weeks ago I put an offer in on a short sale house. The seller (current occupant
) accepted the offer and it was passed on to the bank. The house has two mortgages on it, both with JP Morgan Chase for a total of $350,000 and only 5 years since the house was bought.
I was just wondering if 1. If any one had experience with Chase in regards to short sales, 2. How long I can expect to wait to hear anything from the bank.
Thanks,
1 Answer
- Anonymous1 decade agoFavorite Answer
Expect it to take about a year.