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

Comment Wall

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You need to be a member of Wells Fargo Short Sales to add comments!

Comment by Janet Fuller CDPE, HRC, ABR on February 23, 2010 at 8:28pm
It is called the HAFA and this must be their primary residence starts 4/5/2010 - Cambell surveys had a webinar yesterday
Comment by Sara Mehrpouyan Los Angeles CDPE on February 23, 2010 at 8:23pm
Anyone else heard that Wells Fargo is going to implement a short sale process similar to that of Wachovia with seller incentive and shorter response time? Another agent sent me something that mentioned it and it looks identical to Wachovia's Fast Track.
Comment by Steele V. Propp on February 14, 2010 at 10:49am
Loan value doesn't really have that much to do with it. Present value does. They will have a BPO done and usually allow a small discount off of that. 10% or so.
Comment by Sonny Bess on February 14, 2010 at 9:13am
Can everyone give me the percent that WF discounted the loan so I have a basis to work with.
Comment by Janet Fuller CDPE, HRC, ABR on February 13, 2010 at 9:36am
I had a deal back this summer with Wachovia/Wells Fargo - Titanium Solutions helped us negotiate - gave us 7% commission and allowed the seller up to $2500 in relocation assistance (he moved prior and took all appliances including the air handler)
Comment by Karin Christa on February 13, 2010 at 1:24am
They are very strict with their loan programs and the rates are not the best.
Comment by lisa imhoff on January 22, 2010 at 11:08am
Just closed one with Wells and ASC what a fast and smooth short sale if only b of a could be as good
Comment by Debbie Parkans, CDPE, CSSG, CRS on January 21, 2010 at 8:41pm
Closed one in November - Main issue was that Wells 1st would only pay Wells Finance a certain amount and Wells Finance would not budge. Ended up cutting commissions to do it. Seller had absolutely no money and Wells (neither) would budge - What a mess!
Comment by Janet Fuller CDPE, HRC, ABR on January 21, 2010 at 8:32am
My most successful sale was 26 days from submission to acceptance letter - even giving the cash investor his 45 day close window. Wells Fargo/Wachovia is the best.
Comment by Mike Linkenauger on January 7, 2010 at 10:47am
I always say that Wells Fargo is very "Systematic". They are the only "big four" lenders who actually have consistency and a good system down. They want what they want when they want it, and they expect agents and negotiators to be on top of things. I go and get ALL the above Wells Fargo addendums signed off on in advance, and actually send them ALL in with the short sale package! Definately will shave a few days off the process!You can expect an answer from a completed Wells Fargo package in around 4-5 weeks.
 

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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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