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What if a bank doesnt accept the short sale?

April 26, 2017Bank sale short

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What if a bank doesnt accept the short sale?

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Again, if the bank doesnt accept the short sale offer, there is no transaction and the home is still owned by the foreclosed homeowner and the foreclosure process continues. 23. How long does a short sale take, I need to get out now! A short sale takes approximately 60 to 90 days to complete and sometimes longer. This is very important. This complicated process takes time so to have the option of a short sale, you must act soon. If you wait until 1 week before eviction, no one can help you do a short sale. It is simply impossible. DO NOT WAIT.