Profile picture for user0052760

I made a offer on a house in NC. It has been a month now and no approval letter. The realtor said

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 31 2012 - Oak Island
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (1)

If I understand your question, you are looking for a bank approval letter on a short sale. While banks are getting better, most short sales still average a 3 month time wait. I had one get done in 3 weeks (very unusual), some 6 months. Remember, short sales are never guaranteed, banks can come back and want more money (the price listed is the agent's price, not the bank) or decline the short sale. Unfortunately, it's a waiting game. Good luck.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 31 2012
 
Related Questions
I made a offer on a house in NC. It has been a month now and no approval letter. The realtor said
Profile picture for Matt Hiatt
Latest answer by Matt Hiatt
August 31 2012 | 1 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 7001 E Beach Dr, Oak Island, NC Home For Sale
    7001 E Beach Dr, Oak Island, NC 28465

     For Sale: $594,500

    • Beds: 3
    • Sqft: 1901
    • Baths: 4.0
    • Lot: 12562
  2. 142 NE 9th St, Oak Island, NC Home For Sale
    142 NE 9th St, Oak Island, NC 28465

     For Sale: $215,000

    • Beds: 3
    • Sqft: 1201
    • Baths: 2.0
    • Lot: 6899
  3. 237 NE 64th St, Oak Island, NC Home For Sale
    237 NE 64th St, Oak Island, NC 28465

     For Sale: $181,900

    • Beds: 3
    • Sqft: 1301
    • Baths: 2.0
    • Lot: --