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Home > Okay, even I am starting to get impatient now...

Okay, even I am starting to get impatient now...

October 30th, 2008 at 12:45 pm

For the short sale approval, all that's left is for the VP of the bank involved to sign off or offer a counterproposal. Supposedly that is going to be happening this week (its already Thursday folks). Well its been a month already and we are finally getting antsy. We want this place and we are ready to get started.

Wish he would hurry up *grumble, grumble*.

We have been working towards the goal of owning our own home for 2 1/2 years now and we started with a -60k net worth so we are going to be extremely frustrated if we end up not getting this place and not finding anything else in the next couple of months so have to rent for another year. Yuck.

1 Responses to “Okay, even I am starting to get impatient now...”

  1. scfr Says:

    Our agent warned us that if we go for a short sale, we should be prepared to wait up to 12 weeks to reach mutual acceptance, because it takes the banks so long to make decisions. That was a couple months ago; perhaps the process has gotten shorter, but we are still mentally preparing ourselves for the "worst case scenario" of a very long wait.

    I hope you get your answer soon.

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