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Old 10-13-2009, 06:22 AM
Neverending Square
 
Join Date: Sep 2009
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tongyun is on a distinguished road
Default Short sell

A friend of mine found a house that is going through a short sell and he wants t buy it. But the bank that is going through the short sell says it'll take at least 3 months before he can buy it. Any idea why it might take that long?
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Old 11-17-2009, 02:31 AM
Bitty Bit
 
Join Date: Aug 2009
Posts: 41
Louise is on a distinguished road
Default

May be they have not cleared to whom this house belongs.

We had this in our neighbourhood. An old couple died and they found a few familiy members, who could inherite. These things take time often.
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