Replies to This Discussion

Permalink Reply by Brian Wood on January 26, 2012 at 6:56am

Yes and when you add it, have the sellers initial above it before resubmitting.

Permalink Reply by Victoria Frieberg on January 26, 2012 at 6:56am

another new twist, they just required the buyers on my listing to provide full middle names, not initials..rejected hud until we had full middles!

 

Permalink Reply by Jeff Payne on January 26, 2012 at 6:58am

Just curious why you would not already have a zip code on a listing agreement?

Permalink Reply by Chris McGee on January 26, 2012 at 7:04am

idk Jeff, there is no spot for it!  I think the legal description is the most important info anyway. 

Permalink Reply by Kevin - Greenville, SC on January 26, 2012 at 6:59am

Wells Fargo will reject about anything.  They just rejected a document of mine because they said it was illegible.  What I sent them was probably one of the clearest copies I've ever seen.

Permalink Reply by Jim McCormack on January 26, 2012 at 7:00am

On an FHA short sale Wells Fargo rejected my Listing Agreement because Lane was abbreviated Ln.  The tax records used the abbreviated Ln.  That is why I used it on the Listing Agreement.  Wells Fargo would not budge so I had to re-do the Listing Agreement.  It's amazing the nonsense they get carried away with.  It's like a passenger complaining about the wallpaper on a sinking cruise ship.

Permalink Reply by Thom Colby CA Brkr 888-391-5245 on January 26, 2012 at 7:00am

Chris - EXCELLENT Point - same thing happend to me.  Also, on OWB / IndyMac, they must include Condo Unit #'s even if it is not part of the address!

 

Great info

Permalink Reply by Jeff Payne on January 26, 2012 at 7:07am

Strange to say the least. I agree with Kevin, wells will reject nearly anything. I had them reject a listing agreement because it said the address and unit 804E and they wanted it changed to E804. Another got rejected because they said my sellers name was Kathy and in fact it was Karen :)

Permalink Reply by Thom Colby CA Brkr 888-391-5245 on January 26, 2012 at 8:23am

Harry - I do the same thing but on some condos the Unit # is not part of the address and has to be dug out of the Legal Description which is what I had to do on a OWB deal.....

Permalink Reply by Anna "Banana" Kruchten on January 26, 2012 at 8:00am

Chris - that's interesting. I haven't run into but I'm about to upload a new one today. Will adjust it - thanks!   

Permalink Reply by Maria Evans on January 26, 2012 at 8:49am

Wells Fargo is the worst bank to do short sales. The only one who made things much worst.