30 Day Response on Short Sales

By:
Dave Schaaf
Dave Schaaf

There is a new rule that requires banks to respond to a short sale request in 30 days. If the bank is not able to give a decision within 30 days, they will need to give you weekly updates on the process and any hold-ups until they can give you a decision. They are required to give a final decision within 60 days. Read more here.

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