Hey everyone,

                  Me and my fiance put an offer in on a short sale at the end of September. The listing agent specializes in short sales and before we even put the contract in she pinned the property and took it off the market. She only sent in our offer for Chase , the owner of the property, to see. Now yesterday was the 30 day mark for us and she said that she spoke with Chase and that they escalated the file to a manager to get a negotiator and the BPO will be scheduled very soon. Can anyone give me an idea of what are time frame is looking like?

The property was listed for $ 179,500 then, in order to give us a better chance for approval, the listing agent dropped the listing price to $172,500. Our offer was for 165k with Chase paying the closing costs which would give them a net of 160k. Anyone know the chances of us getting approved? We really love the house, but are currently living in an apt and our lease isnt up until Feb so its no major rush, but we would love to get into the house before Xmas. Thanks for any and all help!!!!