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Do banks review short sales promptly?

One of the main problems with short sales in the past was that the lender/bank would be so overwhelmed that they would not review the loan for months and often 6 months, a year or more. Buyers would walk and the process would have to start all over. Most lender/banks are much more responsive now with programs set to review and respond within 90 days and some as few as 21-30 days. The process has also been streamlined with online databases and systems to facilitate uploading documents for review. The short sale process has become a preferred foreclosure alternative for many banks and homeowners.

Contact Tiller & Rivera Law P.A. today to discuss your short sale options with West Palm Beach short sale lawyer and real estate attorney.
Main Office: West Palm Beach Satellite Offices: Stuart Palm Beach Gardens Fort Lauderdale


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