REO timeline?

REO timeline?

In talking with my Realtor, he is "very hesitant" in making offers on REO's/foreclosures because of hidden problems and banks taking 6-12 months to make a decision.

Is it just the time of the year or do the larger banks just take forever to make a decision.

P.S.> The property I was looking at is owned by Wells-Fargo.

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