Has anyone had any success getting Wachovia to waive their right to pursue any deficiency in relation to a Short Sale or waive any rights, recourse or remedies in pursuit of the same required by law?

Views: 87

Replies to This Discussion

Yes, and its in the approval letter. They dont check the" box" if it doesnt apply~
Thanks Shannon - The box is checked in my approval letter. Did your clinets agree to a promissory note or cash contribuition?
Yes, in approval letter and my clients did NOT have to give any cash contribution or a promissory note.
Then you should be good to go. We usually don't have much issue with Wachovia and deficiency Judegements on short sale approvals.


Discussion Forum

Fast Track Form Required for Short Sale Package?

Started by Tinarsha Rosita Brown. Last reply by Raj K Singh Jun 24, 2011. 15 Replies

Wachovia now under Wells Fargo Short Sale Guidelines

Started by Terri Vellios. Last reply by Mike Linkenauger Nov 22, 2010. 10 Replies

Wachovia foreclosed!...Dirty pool

Started by Henry Weiss. Last reply by Joel F. Fletes Oct 18, 2010. 5 Replies

JUST IN for Wachovia---IMPORTANT-NO LONGER WILL delay foreclosure dates

Started by Terry L. Osburn, SFR. Last reply by Terry L. Osburn, SFR Aug 24, 2010. 6 Replies

Wachovia Short Sale Deficiency Waiver

Started by John Graham. Last reply by Mike Linkenauger Aug 7, 2010. 4 Replies

© 2022   Created by Mike Linkenauger.   Powered by

Badges  |  Report an Issue  |  Terms of Service