I think all this is important and a local Realtor and especially the one who listed it for sale as a short sale should give you some answers to your questions. Although the time frame is always hard to
predict, just like with any other sale of a home the right buyer has to come around at a price acceptable to the bank....
Hope things will work out for you....Best of luck :)
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Most Shortsales do not garner multiple offers.
From your description, it will not be very desirable.
This will be reflected in the BPO that the bank has someone do.
One the other side of the coin;
Every piece of Real Estate has a Price and if you reach that price, there will be a buyer.
Therein lies the KEY; will the appropriate Price be reached.
This property will have a very limited audience.
But don't under-estimate the pull of a good price.
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