how long does a short sale take to close
I have even experienced vast differences in approval times within the same bank. Typically it takes 30-90 days to obtain short sale approval from a lender, and once the approval is obtained, then it takes 10-30 days to close escrow depending on whether the deal is all cash or there is a loan involved.t can take from 30 days up to a year. Make sure that a lawyer is involved, they will know right away if the property will close based on the bank. answer by Lisa Purcell | Visit My Website | Contact Me. Unfortunately there is no general rule of thumb when it comes to short sale time frames.