And the HUD process is always being tweaked and the different asset managers have slightly different rules, but it is a relatively easy process and after the 15 day period, you can get the go-no go on any deal usually the next business day after the offer is received. 

@Curt Davis  At our auction you have to have 5% of your bid price in your accountt at the time of bid, and we have to make our purchase by the end of the next business day or lose our 5%.

You can post a 3 day notice on the weekend but where im at only business days count.

You can start the eviction three days late, or the next business day after that. 

I agree with you that when they do not/will not answer or return calls it is indicative of potential trouble down the road if you ever gave them any business.I did give them the benefit of the doubt by calling twice just in case they had their hands dirty at the time my call came through.However, I think it is reasonable to expect that they should return or acknowledge the call  the same day or within say three business days max if they are really swamped. 

But the main point everyone misses is how to incorporate your business day to day processes, systems and management into one software. 

How many business days have they been working on it?

They haven't been wholesale deals, but most of our contracts in Dallas both on the buy and sell side have been 10 days and $100 (although I suspect at a higher price point you might have a slightly higher option cost).I wouldn't give a buyer more than 10 business days if they were buying from us.

OK well this is a super simple question.if you are within your due diligence period per contract  ( usually 10 business days) and you find something you don't like you do what @Brian Cohen mentioned and you fire back an inspection addendum.. if you wish to terminate you fire back a termination agreement.. they are standard forms on the MLS>.

It does take about 5 business days for the ACH payment to get to me, but if you want to speed it up, I think you can pay a small fee to get your money quicker.