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how long did it take when you submitted your offer on a house?

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HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

how long did it take when you submitted your offer on a house?

to hear back?
I'd like to know specifically for short sales or foreclosures? Since I believe the offer was submitted to a bank

Posted 7/13/09 4:43 PM
 
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micknjohn
LIF Infant

Member since 7/08

333 total posts

Name:

Re: how long did it take when you submitted your offer on a house?

From what I heard you hear back fairly quickly...within a few days...or a week..with a foreclosure...

For a short sale...not sure but think it could be quite some time

Message edited 7/13/2009 4:51:23 PM.

Posted 7/13/09 4:50 PM
 

onlylisa
LIF Adolescent

Member since 3/09

740 total posts

Name:
Lisa

Re: how long did it take when you submitted your offer on a house?

We made an offer on a foreclosure on a Friday and heard back from the bank the following Tuesday.

Posted 7/13/09 8:04 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: how long did it take when you submitted your offer on a house?

what kind of info do you submit on a foreclosure? what about short sales? is it the same as with private sales?

Such as:
credit reports / ratings
% down
closing date
places of employment
etc...

just curious if you provide this at time of offer or after?

Posted 7/13/09 8:42 PM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: how long did it take when you submitted your offer on a house?

the bank we submitted to needed:

pre-approval
proof of down payment in our bank account
credit reports

I think that was it

Posted 7/13/09 8:51 PM
 

Nifheim
allo

Member since 1/09

5476 total posts

Name:
Jennifer

Re: how long did it take when you submitted your offer on a house?

for a foreclosure it was a week but it was on the market for a while.

Posted 7/13/09 8:53 PM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: how long did it take when you submitted your offer on a house?

Posted by Nifheim

for a foreclosure it was a week but it was on the market for a while.



I think foreclosures go quicker then a short sale though right?

Posted 7/13/09 9:55 PM
 
 

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