Zillow Advice: Buying Process - Pending short sale http://www.zillow.com/advice-thread/Pending-short-sale/505668/ Zillow Advice | Zillow Real Estate Follow up - how is house ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ <p>Follow up - how is house search going ?&nbsp; or have you bught a place ?...keep us posted ...thanks</p> Fri, 31 Jan 2014 00:28:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2014-01-31T00:28:00Z I have seen the short sales ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ I have seen the short sales go as quick as 2 months or as long as a year. Best way is to contact&nbsp;the listing agent to find out more.&nbsp;Consider being the back up, if they will consider. Good&nbsp;luck!&nbsp; Fri, 04 Oct 2013 21:22:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-10-04T21:22:00Z Any update on the home you ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ Any update on the home you liked&nbsp; so much ?&nbsp; Did it get placed back on the market ? Wed, 11 Sep 2013 00:11:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-09-11T00:11:00Z I have seen the close on ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ I have seen the close on short sales between 3-9 months, but there a lot of case by case factors. Rather than waiting to see if it pops back on the market, you may wish to inquire from the listing agent if the current buyers have removed contingencies, and if they would consider a Backup offer.<br/><br/>Best regards,<br/><br/>Arpad<br/><br/>&nbsp; Thu, 08 Aug 2013 00:50:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-08T00:50:00Z A lot of factors can influence ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ A lot of factors can influence timeframes and there really isn't an average time it takes for a short sale to be approved and close. <br/><br/>I listed a short sale that was approved and closed in less than one month. Not average. Other short sales I've listed have been approved and closed in a few months. That's more average, but as others have said, some (not my listings) go on for two years or longer. <br/><br/>Find out if you can place a back up offer on the property. If the current buyer leaves the transaction, you may the opportunity to purchase the home. Wed, 07 Aug 2013 18:00:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-07T18:00:00Z It can take as little as ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ It can take as little as 3 months or as long as 2 years +. Contact the agent and they will usually tell you the specifics Wed, 07 Aug 2013 17:47:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-07T17:47:00Z have you tried contacting ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ have you tried contacting the listing agent to find out whats happening on it ?<br/><br/>if you are interested in buying it - do you need financing ?&nbsp; if so- do you have your&nbsp; loan pre approval in place ?<br/><br/>thanks Wed, 07 Aug 2013 17:38:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-07T17:38:00Z Short sales are getting better ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ Short sales are getting better than they use to be 2-3 years ago, but there is no set time. The average short sale is about 3 months on the ones that I have seen, but I just had one that went 7 monthe before the bank refused to do it. Two things to always ask is how many loans&nbsp;are on &nbsp;the property (if there are more than one, they need to get approval from each lender, which takes more time and may not go through). Also, who is handling the short sale and how many have they actually done. If it is not an agent or company that has done a lot, that is a red flag. Good luck! Wed, 07 Aug 2013 15:05:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-07T15:05:00Z Each short sale is different.&nbsp; ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ Each short sale is different.&nbsp; We've seen 1 1/2 years. Wed, 07 Aug 2013 14:55:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-07T14:55:00Z Nothing is average on a short ... http://www.zillow.com/advice-thread/Pending-short-sale/505668/ Nothing is average on a short sale. I have done start to finish in 2 months and I have seen a pending contract fall after 9 months and I jumped in with a new buyer and closed in 60 days after the 1st buyer got frustrated and walked away.<br/><br/>Keep watching it, be ready to pull the trigger if it falls apart. It might also NEVER sell short and could go to foreclosure.<br/><br/>tim Wed, 07 Aug 2013 14:54:00 GMT http://www.zillow.com/advice-thread/Pending-short-sale/505668/ 2013-08-07T14:54:00Z