The average short sale takes about 6-8 months. We have even seen short sales close as fast as 3 months from start to finish. Once we go into more detail about your particular case, we can give you a better frame of reference.
While a foreclosure is faster than a short sale, there are many different cons to letting the property go. Even though a short sale can take a little longer, it can also provide you with:
Saved credit and debt elimination;
More free rent time in the home; and
The reimbursement of moving costs.
Each Short Sale is unique, and the time frame involved depends on many different situations. Call us today at (703) 782-8100 or fill out our Contact form for a FREE, no commitment, evaluation on whether you may qualify for a Short Sale.