Short sales

[Michael Bradley]

Hello my name is Shawn and I am new to this site and somewhat new to investing in real estate I am looking at a house and it has been on the Market well over a year and I spoke to the real estate agent yesterday and she says the bank is causing her not to be able to sell it because they are taking to long when someone put a contract on is this normal I have never messed with a short sale before and also are the banks pretty firm on there price or are they flexible with the price the house needs some work and what they are asking for it I could not make any profit so the price needs to come down pretty good thanks in advance for any of your help

[Joe Splitrock]

@Michael Bradley I would recommend using punctuation when communicating with people. It was really hard to read your post. 

To answer your question, yes short sales can take months and it is too long for many buyers. The bank may not be flexible if they don't see motivation. If the owner is paying their mortgage and market values are strong, the bank may see little motivation to approve an offer where they lose money. Every situation is different. All you can do is put an offer in and see what happens.