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WACHOVIA Short Sales

This is a group to discuss Wachovia Short Sales and information on the Wachovia Fast Track Short Sale Program

Website: http://Wachovia.com
Members: 243
Latest Activity: Jan 26, 2015

How To Short Sale A Home


 

This group is to discuss the Wachovia Fast Track Short Sale Program, and share our experiences with Wachovia Short Sales. We have discovered that Wachovia is setting the example for other lenders to follow when it comes to streamlining the short sale process. As part of the Wachovia Fast Track Program, which Wells Fargo is also implementing, Wachovia will give pre-approved terms and listing prices for borrowers who qualify for a short sale. In addition, they are also offering up to $5,000 cash back to sellers to complete a short sale. Click here to view an approval letter showing a borrower getting $5,000 back! Wachovia and Wells Fargo Short Sales are now the same in many ways now that Wachovia is owned by Wells Fargo.

Do you qualify for a Wachovia Short Sale and need to get started in the process? We can help! There is no cost involved or out of pocket expense for borrowers in financial hardship. Find a local Wachovia Short Sale Realtor - Visit www.Short-Sale-Specialists.com!



Wachovia (Wells Fargo)
866-642-8608
General Info: 866-642-9405
Fax: 866-260-3962
LM Dept: 877-213-7063
Home Equity Short Sale Dept: 877-455-6091
Home Equity Short Sale Dept Fax: 866-729-9592
HAFA Phone: 800-922-4684
HAFA Fax: 866-359-7363

 

Wachovia Short Sales Made Easy - Fast Track Program Information - Please note that the short sale managers vary from area to area, contact Wachovia to find your local short sale manager for the fast track program.

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

I recently completed my short sale package for Wachoiva short sale to Wells Fargo. The rep states I'm missing the fast track form... What is a fast track form? and where can I obtain one? Thanks in…Continue

Wachovia now under Wells Fargo Short Sale Guidelines

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

Heads up.  I've had a short sale going on where Wachovia is the first.  It's been going great with response turn around time in days.  Now with an extension it's been two weeks and I just heard from…Continue

Tags: Program, Sale, Short, Wachovia

Wachovia foreclosed!...Dirty pool

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

My Wachovia Fast Track Short Sale was foreclosed on 8/10/10 with an accepted offer in place and with Wachovia saying in writing they would not do that. Wells issued a directive to change the rules in…Continue

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

Email just came out that Wachovia will NO LONGER postpone  foreclosure dates for any reason. If there is an ACTIVE foreclosure funds must be received no later than 5 DAYS prior to sale date. Full…Continue

Tags: dates, postpone, foreclosure, sales, short

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Comment by Mike Linkenauger on August 23, 2010 at 10:43pm
Good news is that Wells Fargo made a smart choice and is following Wachovia Short Sale Guidelines. The Wachovia Fast Track Short Sale Program has definitely been a program that ALL other lenders should model short sale programs after!
Comment by Dan Hawkins CRS SFR CSSG CDPE on July 28, 2010 at 9:23am
I do not know if the 5k is going away just that they were following Wells
Fargo guidelines. I do not think Wells Fargo
offers any relocation money?
Comment by John Taylor MBA,CSP,HRC on July 28, 2010 at 12:26am
Hi Dan, I heard about it from another agent but I have not received the e-mail. Does this mean the 5k relocation to seller is no more? Is there a window for this transition?

Thank You
Comment by Dan Hawkins CRS SFR CSSG CDPE on July 28, 2010 at 12:22am
Just got a email from my field manager at Wachovia saying might be some changes coming as Wachovia is going to be following Wells Fargo guidelines. anyone get a similar email or have any update on this. It would be a shame if Wachovia changed. They are the best
Comment by Dan Hawkins CRS SFR CSSG CDPE on July 23, 2010 at 3:48pm
Just got another Wachovia Short Sale approved in three days. They are the best, no defiency box checked and $5000.00 to the seller and 45 day escrow. These are GOOD!
Comment by Mike Linkenauger on July 12, 2010 at 3:10pm
Once you close a short sale with Wachovia you ARE on the list. They send out to home owners three agents off of this list and the borrower can pick one if they like. Wells Fargo has also implemented something similar as well for their portfolio loans.

The Fast Track Short Sale Program by Wachovia is ONLY applicable for their portfolio loans that they actually own themselves. It is an excellent program and offers up to $5,000 towards relocation expenses for the borrower.
Comment by John David Sweeney on July 10, 2010 at 8:22pm
I have not gotten a referral from Wachovia but if there is a method of getting on a preferred list would someone please share the information with me.
Comment by Mike Linkenauger on July 10, 2010 at 11:31am
Just listed another Short Sale with Wachovia just the other day. I'm looking forward to another smooth and quick transaction with them as usual!

Has anybody received listing referrals from Wachovia? I know I've closed quiet a few so I should be on their "list" of agents that they use to suggest to homeowners.
Comment by Rebecca Giacobba on July 6, 2010 at 1:24pm
Thanks for your help I am just getting more involved with short sales!
Comment by Dan Hawkins CRS SFR CSSG CDPE on July 4, 2010 at 11:07am
On this latest listing I am taking today. The lender just happened to be Wachovia. I have not had any assigned to me, but I have door knocked and did get one that way
 

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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

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