You Made an Offer on a House! Now: When Will You Hear Back?
HomeLight
AUGUST 26, 2021
It’s a foreclosure or short sale. If it’s a foreclosure or a short sale, the bank is involved — it’s just going to take longer! Banks will also collect multiple offers and review them, just like sellers. The bank may also need to follow local and state laws regarding a foreclosure or eviction.
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