Comment

Comment by Amy Summers on September 22, 2011 at 10:13am

I

have a Wachovia SS coming up.  It was originally a World Savings Pic a Pay.   I have heard that there is a special program at Wachovia for these where the borrow gets up to $5000 ( I have even heard $10,000) at closing. Also, that they send out a bank representative to do a personal interview with the borrower. If you have heard of this, does it have a specific name?

Comment by Brad Hatton on July 15, 2011 at 9:37am

Bryant & Karyl - thank you! It took them awhile to locate and process the documents, but it turned out that that's all they wanted!

Comment by Karyl Moore on June 27, 2011 at 3:21pm

Brad, I had to do the whole package but they were pretty pleasant to work with.

Comment by Brigitte Mueller on June 27, 2011 at 12:21pm

Had a Wachovia short sale close a couple of months ago.  It was an original World Savings Loan, and therefor in house funded by Wachovia.  Because of that scenario, Wachovia did postpone foreclose date - many times - and offered $3000 to the seller.  Wachovia is one of the better banks to work with.   Keep in mind, even though they were taken over by Wells Fargo, only a small percent fall into the inhouse funded loan category.  All others follow Wells Fargo investor rules.

Comment by Bryant Tutas on June 27, 2011 at 10:11am

Brad. It really depends on who the investor is. And remember Wachovia is now Wells Fargo. Call them and asked based on the loan number you have.

Comment by Brad Hatton on June 27, 2011 at 9:24am

Is is true that all that's required for Wachovia's short sale package is an an offer, listing agreement, and HUD-1? Thanks!

Comment by Jose Diaz on April 11, 2011 at 3:26pm

Wachovia usually does non-owner occupied short sale just the same way they process owner occupied. Should be smooth.

Comment by Jim Phillips on April 11, 2011 at 2:22pm

Any experience with Wachovia non-owner occ short sale?

any gotchas?

Comment by Jose Diaz on March 20, 2011 at 7:26am

Glad to join Wachovia short sales. The best short sales in the market. I cant get enough of them. Currently have 4 and just closed one 2 weeks ago.

Comment by Paul Kuriatnyk on January 10, 2011 at 1:44pm

Wachovia WILL postpone foreclosure sales!.

 

I have read a few comments stating that Wachovia will NOT postpone FC sales. This is NOT correct.      

Just confirmed 30 day postponement. Verified with lender and trustee today. Old sale date: 1/7/11. New Sale date: 2/11/11.

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