In a short sale how long does the insurance company and Feddie mac take to come back with an answer?I am purchasing a short sale. It has already been over 2 1/2 months and it finally been sent to the sellers insurance company by the negotiator. If they approve its going to Freddie Mac (I think). But my rate expires end of July (less than 25 days). How long does the PMI company and Freddie Mac take to approve the sale??July 07 2009 - Hillsborough00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.