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Updated almost 12 years ago,
Short sale buying times
hello me and my wife been in the process of buying this SS in longisland NY. So far we are at the pony where we are waiting for the SS bank to approve everything. Contract is signed by me and the seller. Down payment that I gave is cashed and put into escrow. My lawyer is running a title/lien search, haven't heard arching back from him either. Contract was signed in march. Just wondering what is a time frame on when the back would approve the offer? Could the bank still decline The offer that me and the seller agreed on? We are not in a rush to move but would like to start doing repairs and getting estimates for a new roof. Any help would be great. Thank you.