Amount owed on mortgage: $483,000
Sales price $320,000
5% commission
Net to Wells Fargo after all expenses $298,490
***Seller is investor and was NOT behind on any payments, HOA or taxes***
Contract was submitted to Wells on 9/28/09
Approval issued on 10/27/09

Views: 71

Replies to This Discussion

Wicked! What were the keys to the quick approval, Jeff?
I wish I knew, I was surprised. My guess is we had a newer negotiator who wants to help

Wendy Rulnick said:
Wicked! What were the keys to the quick approval, Jeff?
Sometimes luck is involved! But I know you did a great job on package.... :)

Jeff Payne said:
I wish I knew, I was surprised. My guess is we had a newer negotiator who wants to help

Wendy Rulnick said:
Wicked! What were the keys to the quick approval, Jeff?
Was it a condo?

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