Zillow Advice: Buying Process - Short Sale ~ 1st approved, waiting on the 2nd http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ Zillow Advice | Zillow Real Estate You can give someone you ... http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ You can give someone you trust Power of Attorney to sign for you while you are gone, Your Realtor or the title company can help you with that, Sun, 23 May 2010 01:29:00 GMT http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ 2010-05-23T01:29:00Z I get it now..well you'll ... http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ I get it now..well you'll be gone for about 6 business days, usually they'll want a signature with-in a certain time frame or else is voidable, in this case if its before you come back. Your Realtor needs to be prepared to answer the bank back and let them know you had to leave the country for an emergancy and to give you just a few for days for you to get back. The banks dont really&nbsp;do the haggling between each other&nbsp;its your agent who is going back and forth typically trying to convince the 2nd that if that dont take whats offered its going to go to foreclosure and they will get ZERO, so maybe squeeze out another 1-2K from 1st but that about it. I wouldn't worry about it as long as your agent is on top of it. Go have fun in Mexico, dont worry.&nbsp;If you have at&amp;t activate the international calling feature $4.99 to make and receive calls well worth it, just came back from there&nbsp;;)<br/>&nbsp; Sat, 22 May 2010 19:37:00 GMT http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ 2010-05-22T19:37:00Z The second can be very difficult ... http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ The second can be very difficult to work with. They are going to fight for more money which the first is going to have to give up. You can't push these people around. They don't care about you; their bottom line is about money. Hopefully the listing agent is savvy enough to persuade the second to see the light. If it goes to foreclosure, the second usually gets nothing. There is no time frame; every situation is different. Your best answer on that will come from the listing agent who should be in touch with both banks at least twice a week at this point. Sat, 22 May 2010 19:23:00 GMT http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ 2010-05-22T19:23:00Z Thanks Yousef.&nbsp; I'm ... http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ Thanks Yousef.&nbsp; I'm the buyer.&nbsp; My realtor should be hard at work while I'm gone ;)&nbsp;&nbsp; I'm&nbsp;worried paperwork may come in that needs signatures and we'll be in a semi-remote part of Mexico.&nbsp; I'm even worried that the 2nd may agree to the short sale while we're out of the country.<br/><br/>IndyMac is on-board&nbsp;but Greentree wants more money in the deal.<br/><br/>So is there any chance they can pull this together before June 5?&nbsp; Or does the haggling between banks tend to take a little longer than that? For the first time in this process I actually <em>want</em> them to take 3-4 weeks &nbsp;to make a decision...lol Sat, 22 May 2010 19:20:00 GMT http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ 2010-05-22T19:20:00Z Have another agent from office ... http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ Have another agent from office work it while you are gone. It depends who the bank/lender is? It's going to take as long as you want it to take, don't let them run you around &amp; give you bs stories. Be firm but still polite, you'll get it done. Sat, 22 May 2010 19:08:00 GMT http://www.zillow.com/advice-thread/Short-Sale-1st-approved-waiting-on-the-2nd/351068/ 2010-05-22T19:08:00Z