"Sorry to hear about the difficulties. Partial claims are generally placed on property's as part of loan modifications for FHA borrowers.
Wells Fargo is a tough servicer. If you can't have the loan assumed and want to get out from under the…"
"I just closed on one that was started 3 weeks from foreclosure. Submitted SS package, listed, did price reductions every 3 days got multiple offers and submitted best to Wells 2 weeks before FC. Also opened a ticket with FHA at the time of listing.…"
"My suggestion to you would be to get it listed today and submit an offer today...any offer (you need to know what their desktop value is, if they don't have true appraised value yet). If you do a lot of short sales then you should have several…"
I am listing a property next week. Today is October 22 and the Foreclosure Sale Date is scheduled for November 22. Does anyone know if Wells Fargo is hard-and-fast regarding their requirement that an offer be submitted a minimum of 30 days prior…See More
"Yes. Surprisingly. It worked for a handful of non-delinquent sellers I represented. In fact, just fyi, a HAFA does not require delinquency, and if there is no delinquency, there is nothing negative that is allowed to be placed on a credit report…"
"The problem with shooting yourself in the head, which I must admit has been an option I have briefly considered from time to time during an FHA short sale, is that then you are no longer able to communicate with anybody about anything, and it…"
"This is terrible and exactly what we are afraid of. We would like to start a short sale process with Wells Fargo but they can't manage to answer simple questions on the phone so i am unsure if they are capable of giving us honest information…"
"Same thing happened to me.. Kept being given a new reply date for 3 months plus. I just kept using Twitter to escalate to executive offices. If I did not receive a reply, I would file another twitter e"
We were "approved" by Wells Fargo to complete a mortgage assumption. It was during this process that we learned we have a SILENT lien on our house from a 2013 Hud Partial Claim. We were shocked- long story. Fast forward. We now cannot complete the…See More
Similar scenerio as below. Multiple offers at $110,000, appraisal came back at $120,000 which was already approved once appraisal was received. That was beginning of August so re-listed the property at $120,000. We received 2 offers right away.…See More
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