Yesterday we had an excellent discussion on the short sale process. The discussion was led by attorney Russell Rasche and CRR broker associate Matthew Rasche. One of the most important points emphasized was the fact that short sales take time! While buyers are eager to learn the status of their offer and sellers want to know if they can really sell their property, the lenders need and take a lot of time to review and approve a deal. This time period will most certainly be 4 to 6 weeks or more. So, the next time you find yourself involved in a short sale please know that it will take a long time to complete.