Foreclosure delays

For those buyers out there looking for the quick deal on foreclosures you may find that a response to an offer is not as fast as you make think it should be.

As the number of foreclosures have increased so has the response time to offers.

Some of the largest banks and smaller lenders may take days, possibly weeks to respond to an offer.

Others may respond within hours.

Like short sales each lender handles the offers differently.

There is no across the board set of standards or rules.

All the best

Greg Owens P.A.
Keller Williams On the Water
Realtor
941.932.6343
greg@teamworksfla.com
www.teamworksfla.com