Here in Pensacola I have found that my average is 57 days, not great but a lot sooner then a few months ago. Equator has helped a lot as well as calling daily for status updates.
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I feel the need to share an experience that I have been "enjoying" for the past 7 weeks.
People are sometimes afraid - but often aware- of the time it may take to close on a short sale property.
What do you tell the buyer who is purchasing a bank owned home and it seems to be taking longer to close than some short sales?
Do you blame it on too many employee breaks at the somewhat involved title processing company?
Or do you cast stones at the listing agent who just doesn't seem to have any answers?
How about the occassional person who calls with an update only to tell you that the reasons for the hold up are the same as before and noone knows why???
Oh, that's right....the company handling approval of estoppel fees is on vacation until further notice.....
So, after many weeks of the blame game..
We are still experiencing this......
So that maybe in.....
My buyer can enjoy this!
Can he sell it? Yes he can!