Since the decline of the housing market and the rise of short sales, the greatest irony of short sale transactions has been that they have typically been very delayed and drawn out--- making them anything but “short.” An improved business model, implemented last month, is showing good signs of decreased timelines. With the average time for a short sale, constrained at 5 months, ServiceLink (a national lender platform) is now documenting approval to closing time of these sales as less than 45 days.
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Active in Alabama, Mara Hawks, REALTOR with FIRST REALTY of Auburn, AL, #1 Real Estate Team in Lee County, THE LEADER in professional real estate services in Auburn, Opelika & Lee County for over 3 decades! Committed to INTEGRITY, KNOWLEDGE & SERVICE.
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Disclaimer: All information provided by this author is is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.
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