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Oct 19, 2021 · This is the typical short sale process from the bank's end of things, once it receives the seller's package: They acknowledge receipt of the file. This can take longer than 10 days; sometimes, it is a month or more. A negotiator is assigned, which might take up to 30 days. A broker price option (BPO) is ordered, where a broker generates an ... Nov 5, 2018 · Step 2: Assemble a dream team to get you through this tough process. Distressed sales and traditional sales are widely different. The bank now stands between you and the buyer of your home, and your agent needs to know how to handle the extra layer of unpredictability. Jan 8, 2021 · After a short sale or foreclosure (with deficiency balance) 575-595: 570-590 : 620-640 : Time to return to starting FICO score ~3 years ~7 years ~7 years : Alternatives to a Short Sale. Sep 20, 2022 · Also talk to your agent about setting you up with MLS access so you can search for short sale homes in your area. 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