Wells Fargo Short Sales

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Wells Fargo Short Sales

Group to discuss short sales with Wells Fargo and Wells Fargo Financial and share solutions to getting mortgage short sales approved.

Members: 908
Latest Activity: May 27

Find A Wells Fargo Short Sale Realtor

***The Report Below is for home owners in hardship who are wondering "How To Short Sale A Home". Confused real estate agents should go here.

 How To Short Sale A Home

Wells Fargo Short Sales

We have set up this forum to provide Wells Fargo Short Sale Information and offer short sale help to Wells Fargo borrowers and agents. Wells Fargo seems to be one of the more consistent lenders to work short sales with. There are several specific Addendums that are required with every Wells Fargo Short Salethat are included below. Those are the Wells Fargo Short Sale Arms Length Affidavit, the Wells Fargo Listing Addendum, Wells Fargo Contract Addendum and a Wells Fargo Contract Extension Addendum.

General Info:  866-234-8271 Fax:  866-359-1975 LM Dept:  866-903-1053 LM Fax:  866-837-9108  LM Fax: 866-590-8910  Home Equity Loan Dept:  866-275-9138 Home Equity Loan Dept2:  888-219-8014 Home Equity Short Sale Dept:  866-970-7821 Home Equity Short Sale Dept Fax:  866-593-3578
Mortgage Payoff Dept: 800-288-3212
Home Equity Payoff Dept:  866-810-1424
Payoff Dept Fax:  866-238-6874

 

Sellers Can get money back for competing a short sale with Wells Fargo, in many cases $3,000 cash back with the HAFA Short Sale Program through Wells Fargo.

Do you qualify for a Wells Fargo Short Sale? There is no cost involved or out of pocket expense for borrowers in financial hardship to work with one of the top short sale agents in the country. The first step is to find a local Wells Fargo Short Sale Realtor - Visit www.Short-Sale-Specialists.com!

 

 

Share your experiences and strategies below with Wells Fargo Short Sales

 

Discussion Forum

Wells Fargo Short Sale Nightmare

Started by Fern Tzoucalis. Last reply by Fern Tzoucalis Mar 2, 2014. 6 Replies

I am the selling agent for my son on a WF short sale.  Under contract 6/21/13, 8/15 told file in line to be reviewed by negotiator, 8/22 appraisal ordered (which came in $2000 over our offer), 9/26…Continue

Old World Savings Loans - Now Wells Fargo

Started by Angie Freeman. Last reply by Sharon Molnar Oct 9, 2013. 1 Reply

Trying to reach out for assistance.  Has anyone dealt with the Wells Fargo 512 clients division?  Apparently, they handle the old World Savings loans that are now being serviced by Wells Fargo.  I…Continue

Short Sale Questions on the Equator Counteroffer from Wells Fargo Bank

Started by Hunter W.. Last reply by Brett Goldsmith Aug 8, 2013. 1 Reply

Short sale offer of $185k made by buyer.This counteroffer just received from Wells Fargo through Equator Workstation.What will the bank accept from the buyer?If there is mold remediation needed to be…Continue

Wells Fargo Escalation Stalled

Started by Peggie Simmons. Last reply by Peggie Simmons Jun 18, 2013. 2 Replies

We have a Wells Fargo Short Sale that is Stalled. Negotiator has Countered Several Times approximately $50,000 higher than the Sold Comps! Balance owed to Wells is Far Less than wherethe Counter is…Continue

How to find a Wf short sale field manager

Started by Janice Wheeler. Last reply by Rozalyn Franklin Apr 24, 2013. 3 Replies

 I am trying to find a WF short sale field manager for the Sacramento Region. I have a bizarre short sale. WF is having problems with it. The person died, and now it's in the hands of a successor…Continue

Who can I talk to above the liquidation team leader?

Started by Michelle Abbass. Last reply by Joe Beauchamp Apr 18, 2013. 4 Replies

My clients sent in the Approval to Participate form with our first offer on their home.  Apparently it got lost in the mail because WF says they never received it.  So they closed out the file and we…Continue

Tags: participate, escelate, to, approval, fargo

First time WF short sale, but it's going to be strange

Started by Janice Wheeler. Last reply by Joe Beauchamp Apr 10, 2013. 5 Replies

I do many short sales each year. My specialties is short sales, probate/estate, pre-1930 homes.Right now I have a short sale of a condo, my seller inherited the property from his mother. The loan is…Continue

Need management level contact with WF Short Sale Department

Started by Deborah Powers Apr 8, 2013. 0 Replies

Does anyone have a management level contact at WF.  Major issues with a short sale.  Please email me privately at debofaz01@gmail.com  Thanks.Continue

Wells Fargo as investor will not do a short sale during redemption period???

Started by Susan Morimoto. Last reply by Susan Morimoto Feb 19, 2013. 2 Replies

I am working on a short sale with Citi, the investor is Wells-Fargo, and Citi is telling me thatthe investor will not allow a short sale in the redemption period. I triedcalling Wells directly since…Continue

IF IT WAS OK THE 1st TIME, THEN DO IT AGAIN

Started by Steven Pawera. Last reply by TOP END Properties Jan 5, 2013. 6 Replies

I received 2 new tasks in Equator, (Supply Listing Info & Enter Marketing Plan). I opened the task to confirm it wasn't simply the task name being recycled: these were identical tasks to the last…Continue

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Comment by Angie Freeman on August 5, 2013 at 3:04pm

Cyndi - it sounds like to need to dispute the value directly with the investor. 

 

Comment by Cyndi Carver on August 5, 2013 at 2:56pm

I just recently received a notice from Wells Fargo that they want to net $253,000 on a property that I have an offer on for $140,000 and obtaining a rehab loan for the additional $30,000 that it would take to hook up to sewers. At the final end, it would then be high retail for the property. The property does not comp out even close to $253,000. This is MORE than what the owner purchased it for in 2007 (at the peak of the market). Not only that, the property now has a failed septic system and cannot be repaired as the area has sewers available now. Property cannot be transferred without a certification from the State. The buyer would only come up $10,000 so Wells Fargo closed out the file. Anyone with expertise that can give me some suggestions?

Comment by Deborah Powers on April 8, 2013 at 9:43pm

Does anyone have a good management level contact with WF?  Major issues with a short sale!  Every call to WF - different answer.  Very frustrating.  Thanks.  Please email me privately at debofaz01@gmail.com  Thanks

Comment by ROBERT E STILES JR on December 19, 2012 at 6:53pm

I hear there is a Wells Fargo Preferred Agent Program.  I qualify per Mike's webinar today.  My Well's Fargo loan officer doesn't know who to contact though to forward his referral.  Any ideas how to proceed are appreciated.  Happy Holidays.

Comment by Jeff Corporon on August 29, 2012 at 7:44pm

I would love to hear the stories from Paddy.  I have experience borderline trespass and breaking and entering in my short sales in Denver.  Giving sellers foreclosure and short sale advice should include the consequences of moving out and what can be done about it.

Comment by wayne brooks on August 29, 2012 at 9:51am

Paddy D.

Do you work in Fl?

Comment by Celeste ODea on August 28, 2012 at 6:15pm

Awesome info, Irene. Thanks so very much. Hopefully they have one in Maryland!

Comment by Irene Medina on August 28, 2012 at 6:02pm

Celeste - here is the info on one of the Home Tender companies. I am presently using them in a listing that I have since the renters moved out and the sellers live out of the country also. It is wonderful to know that the property is being well taken care of. This company is very on top of things.

 

Paul Dudley Bonnallie  x 206

1st American Home Tenders

A FREE Staging and Maintenance Program

 

407-674-0000  Orlando

813-344-2300  Tampa

904-404-9100  Jacksonville

561-907-7000  West Palm Beach

214-380-4300  Dallas

404-793-8000  Atlanta

502-208-9007 Louisville

 

407-386-8996 Corporate Fax

Comment by Celeste ODea on August 28, 2012 at 5:42pm

Thanks. I will do some research. Thanks for sharing.

Comment by Celeste ODea on August 28, 2012 at 5:41pm

 

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Discussion Forum

Wells Fargo Short Sale Nightmare

Started by Fern Tzoucalis. Last reply by Fern Tzoucalis Mar 2, 2014. 6 Replies

Old World Savings Loans - Now Wells Fargo

Started by Angie Freeman. Last reply by Sharon Molnar Oct 9, 2013. 1 Reply

Wells Fargo Escalation Stalled

Started by Peggie Simmons. Last reply by Peggie Simmons Jun 18, 2013. 2 Replies

How to find a Wf short sale field manager

Started by Janice Wheeler. Last reply by Rozalyn Franklin Apr 24, 2013. 3 Replies

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