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How long does it take Freddie Mac to sign the completed addendum?

Got an approval and addendum contract on a property we bid on.
We signed the buyers addendum they sent and now we are waiting...waiting..waiting for them to sign.
It's been almost a week.  Is this usual for them? Including the holiday..It's technically been four days, but, I thought we would have a signed contract by now.
Help!! Thanks
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December 04 2013 - Chicago
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Answers (10)

the government loan is automated in most ways but when it comes to distressed property it can take longer than typical loans and have normally more stipulations
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January 16
It can take up to 2 weeks. The times do vary. I understand getting anxious is this situation. Over a week isn't unusual. Good luck! 
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January 08
Banks are slow sometimes and it could take a few weeks. The clock on everything doesnt start til you get that back so just be patient.
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January 07
It can take up to 10 days. And it's definitely the waiting game when dealing with these types of transactions. It will be worth the wait once your done. Good luck to you!
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January 06
On average 5-7 business days following them receiving ALL of the documents filled out appropriately. Most of the delays are caused from incomplete documents. It's best to work with an agent that deals with foreclosures on a regular basis to assure the process is smooth.
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January 06
Any time between a day and about 10.  Depending on the length of time from contract to close, I would recommend you continue to work as if you'll be closing (so, request your loan originator to have the file moved forward if possible; get your inspection if any, etc.).
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December 04 2013
It can take up to 10 days. Be patient, but make sure your agent is staying on top of it.
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December 04 2013
In a good companies people had 2 or 3 days off last week. Most if the people took the Friday off to stand in lines for gifts. Plus, it all depends 1st and most on the speed of your Realtor and the speed of the listing Realtor. Most of the other Realtors do not work evenings so if you sign something today it will be sent to the listing agent tommorow and to the bank day after tommorow. Then they have to go tru their channels of check and wait and to the contracted attorney for signature. To them it is just a file so you will not find any urgency. From my experience it takes as soon as 4 hours to 3 business days (assuming there is no holiday in between).
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December 04 2013
Yes, it can be 1-2 days or 1 week or so....hard to predict. The longer it takes the greater the odds of them finding something that needs correcting, but most of the time they are just slow.
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December 04 2013
I have had them back as quick as the next day and as long as 2 weeks.  It just depends on the asset manager and the listing agent.  Good Luck!
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December 04 2013
 
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