Wells Fargo Short Sales


Wells Fargo Short Sales

Wells Fargo and ASC (America's Servicing Company)

This group is for information, tips and solutions for Wells Fargo short sales.

Members: 1435
Latest Activity: Jan 6

Wells Fargo Short Sale Information

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Wells Fargo Short Sale Info and Items Needed

Wells Fargo Short Sale Dept 1-866-903-1053    (see below for ASC forms)
Short Sale FAX 1-866-969-0103
Letter of Authorization Fax 1-866-917-1877

Mortgage Servicing 1-877-841-5301.

Wells Fargo Line of Credit Division 866-961-6861 or 866-970-7821

Third Party Authorization: 866-917-1877 (fax)
Fax: 866-834-7850 or 866-834-7949

Email format Fir[email protected]
OR [email protected]


Wells Fargo Executive Offices:  800-853-8516

Discussion Forum

Denying Buyer

Started by Susana Nunez. Last reply by Cami Pinsak Oct 26, 2017. 10 Replies


Started by Steven Jackson. Last reply by Ben Benita Oct 18, 2017. 2 Replies

Comment Wall


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Comment by Melody Medley on June 26, 2017 at 1:55pm

If they won't sign the listing agreement, maybe they would sign a warranty deed over? Then they don't have to be apart of the short sale at all or the listing. Good luck. 

Comment by Brett Goldsmith on June 26, 2017 at 1:46pm

@jenny if the co-borrower won't participate, you likely won't be able to complete the sale. When a borrower doesn't participate in a short sale, it's most likely a deal killer.

Comment by Jenny L on June 26, 2017 at 1:42pm

So...very long and drug out story!!!  Currently trying to short sale after 3 years of mediation with WF.  There is a co-borrower on the loan that refuses to sign the listing agreement.  How to we move forward so we can avoid forclosure?  Is there a way?? 

Comment by Melody Medley on June 7, 2017 at 9:11am

Pass this information to your agent and you can tell your agent to call me and we can talk about how to approach the listing agent (the one processing the short sale)

Comment by Rachel Warnick on June 7, 2017 at 9:06am

Thanks Melody.  I am not a realtor but just a stressed buyer trying to get a house for my family and watching a lot of good regular sales pass us by!

Comment by Melody Medley on June 7, 2017 at 8:51am

WF is the worst! I have about 5 short sales that were all pending ATP's and I'm about 60 days out AFTER the appraisal has been completed so I feel your pain. Try reaching out to HUD directly and opening up a ticket. HUD will stay on top of Wells Fargo. You can also email HUD and confirm the variance has been approved. I take that email back to my negotiator and their manager as proof WF is slacking. [email protected] (you'll have to send in your letter of authorization first to [email protected] with the FHA Case # as the subject line, or you can email the LoA to the extension request email too) 

Call me if you want to talk... I have a lot of insight with FHA WF loans. 972-479-5329

Good luck!

Comment by Rachel Warnick on June 7, 2017 at 8:30am

Does anyone have any insight into how long WF short sales are taking in 2017?  We are 4 months into purchasing a short sale with 1 WF loan...our offer is in line with ATP, still no approval...Thanks for any help or advice!

Comment by Wendy Martin on March 22, 2017 at 2:54pm

Jim, I'm having horrible issues with Wells Fargo and appraisals.  I spent 3 hours on the phone with them, refusing to get off the phone until they found the appraisal I made them do and send it to me. Lies and games and 3 hours later they faxed it to me while I stayed on the phone to make sure it happened.  It wasn't until I told them I was calling the CFPB on the other line and my call to the local media was next that they helped me. I have to apply pressure and threaten every single time.

Comment by Jim Stewart on March 21, 2017 at 12:50pm

FHA short sale with Wells. ATP for price of $181,500 issued on 3/1/17 and good through 6/29/17, fully executed by seller and confirmed in WFC hands. Now WFC says appraisal is no longer valid and new ATP is needed with new appraisal of $205,000. Seems to me that the old appraisal is WFC's problem.  Am I wrong?  Can they unilaterally decide an ATP isn't valid anymore???

Comment by Pattie Johnson on December 5, 2016 at 7:43pm

It's FHA. I've done hundreds of them. Literally hundreds. My escrow officer has closed Wells Fargo deals recently and didn't have all the grief I'm getting. Today I sent the loan estimate (I happen to know the loan officer and work with him frequently) and a combined ALTA. If this doesn't work I think the next alternative is the Exec Team. I really try no to do that but I may have no choice. HUD is useless to complain to because all they do is repeat what the lender says. Any great contacts would be appreciated. I'm getting to where I don't want to take on FHA SS's anymore but that's what a lot are right now. It was the next best option after 100% financing liar loans went away. Those are the ones that in default the most here. Those and the people who held out and rented their houses out that are now trashed by renters. Grr, little frustrated. Can you tell? :) 


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