Answer: Your short sale is neither approved or rejected at this point. Every lender has it's own process on how their short sales are reviewed. Without knowing all the details of your short sale transaction, there could be an issue with your short sale transaction that requires a review by their internal legal department. Or it may be that the legal department is part of the short sale approval process. I would make sure that your agent performs continuous updates with the lender to see what is going on and try to gauge a time frame to get an approval. No one likes waiting around for a short sale get approved yet to just have it rejected. There are so many other deals out there to go after.


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