**(BY THE WAY, FYI ONLY, THERE IS A NEW GROUP RECENTLY OPENED CALLED "WACHOVIA" SO EVERYONE CAN STOP TALKING ABOUT WACHOVIA IN THE WELLS FARGO GROUP~)
**With all these short sale incentives ( I beleive they will/MUST get better later), it makes me nervous that lenders will start picking and choosing their real estate agents (like REO's) to refer these borrowers who are in default to.MONOPOLY? I went broke last time I played REO Monopoly~
Anyways, I can see that coming. Monday, I spoke to a short sale manager at Wachovia here in Southern California. I asked her " What will be your procedure with this new HAFA program (cause I beleive it will be the lender that requests/SUGGESTS that the borrower do a short sale,but thats just my opinion) do I need to do to get on your list of prefferred agents?" for short sales? If you in fact have one.
She said~ We will be referring to these borrowers in default, 3 agents (in the area of the borrowers home) from 3 different offices. Once you have closed a short sale with us, you are automatically on this list. This is as a LISTING AGENT only in the transaction, and on Wachovia portfolio loans only.
I just though Id mention that to you all. Dont know if all I say is factual (as I am only asking 1 person these questions, (and you know I could call back, speak to someone else, and get a totally different story) Go Get THOSE WACHOVIA PORTFOLIO LISTINGS!!!! (if in fact thisis true???)