Anyone had experience with real estate short sales through Accu Bank? Were they quick to process the offer?


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I just made an offer on a short sale in Columbia, SC. Accu Bank is the mortgage holder, and I'm just wondering how long I should expect it to take for them to process the offer.


Answer (2):

 
Lene

I just got keys to my short sale home. :) We originally made our offer in October 2008. Yes, I know. We finally go the verbal that the house was ours in February. All paperwork was done in late March. Its a HUGE and LONG process. Its not easy at all. My husband and I were so frustrated that we thought of backing out several times. But we didnt, because it was a really nice home. In the end it paid off. If its worth the wait, wait it out. :)

 
Genuine Guidance

Short sales take weeks to months to process. Offers often sit for weeks before being addressed.