How long does it take to close a short sale?
Short sales can be very demanding of your patience. The majority of short sales take approximately 90 days to close from contract to close. Some can be completed in as short as 60 days or take as long as 6 months or more. Along the way there are many challenges such as valuation, (determination of market value and how it compares with the contract price) and negotiation, (arriving at an agreed settlement price for the subject property).