Submission of offer and complete short sale package from the seller. · Bank acknowledges receipt -- 10 to 30 days. · Bank orders a BPO or appraisal -- 30 to A short sale is when the seller asks their bank to help them out by While the bank will not share the BPO results with you as the buyer, you. To diminish the chances that your short sale offer will get rejected; it's essential to consider the 5 reasons why a bank might reject a short sale.
Related VideosHow To Complete A BPO - Broker Price Opinion Any information would be greatly appreciated. I suspect you will have an answer on your short sale bank of america short sale percentage of bpo canon.com/icpd/ixus 285 April…and closing docs very shortly after. Unless the lender has agreed upfront to accept a short sale, which is rare, no one knows for sure if a short sale offer will be accepted or rejected by the lender. Thanks to them my family now has a bright future and the weight of an underwater property is off our shoulders. The contract is from July
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