Wells Fargo Short Sales

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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: 1440
Latest Activity: on Friday

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 [email protected]
OR [email protected]

ESCALATION DEPARTMENT 866-605-0829

Wells Fargo Executive Offices:  800-853-8516

Discussion Forum

Investor denial

Started by Angie Fraguas. Last reply by Brett Goldsmith Jul 11, 2018. 3 Replies

Hit a wall, can we still escalate to Executive offices?

Started by Sam Hague. Last reply by Dean E Eshelman, CPA, CDPE, IRES Jun 13, 2018. 1 Reply

HELP: Wells Fargo approved SS now no contact

Started by George Blisset. Last reply by George Blisset Apr 9, 2018. 3 Replies

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Comment by Julie Lyons on March 7, 2019 at 7:08pm

I have not done a WF short sale in a few years, does anyone know if there is a window of time that a property must be on the MLS before a buyer can write an offer?  I have had some banks require 10 days and others 15 days, still other have no such requirements.

Comment by Alex on February 1, 2019 at 2:27pm

Thanks for your alls feedback. Before I had even posted here we didn't grant access so it would expire and we could re-order. Today we found out she was reassigned ahhh.

Comment by Paula Bachman on January 31, 2019 at 12:40pm

Don't schedule an appointment with this appraiser, maybe she will drop off, and perhaps WF will go on to the next person on their list. It's certainly worth a try, better than auction!  Let us know how it works out.

Comment by Brett Goldsmith on January 31, 2019 at 10:52am

No, but you could try to ask the vendor for a different appraiser or file a value dispute when the value comes back. I've seen some people not let certain appraisers in and hope that they assign someone else at a later date. Obviously doing this runs risks for the transaction though.

Comment by Jason Sanseverino on January 31, 2019 at 10:35am

Hi Alex -  I dont think there is a way to "blacklist" an appraiser. You may need to just file a value dispute. Obtain a copy of the appraisal and provide better comps and other supporting items. 

Good Luck! 

PS - if this is an FHA short sale - a value dispute is virtually impossible. If its a VA - got the Dept of VA directly and demand a "reconsideration of value".  

Comment by Alex on January 31, 2019 at 10:29am

I have an issue with this one appraiser wells fargo keeps hiring. Everything she appraises goes to the auction because she appraises to high, especially if home needs any work. Has anyone ever dealt with this issue? Is there away a seller can block an appraiser, like they would for a home inspector in a normal sale?

Comment by Brett Goldsmith on September 26, 2018 at 2:54pm

Why are they not qualified now? I'd escalate to HUD and push to get a variance on the ATP...

[email protected]

310-564-6389

www.ishortsalenow.com

Comment by Helena Kaucheck on September 26, 2018 at 1:11pm
So frustrating when this happens. Do you have documentation of the times you’ve tried to connect with the negotiator? Or anyone at WF? I’ve had this before and I’ve taken it directly with FHA. Escalate to them if the servicer has delayed.
Comment by Elva Branson-Lee on September 26, 2018 at 12:50pm

Question: Hi group. My client had an ATP on a HUD ahort sale and a strong, over-asking price offer on the table for several months. All requested documents were faxed in. The negotiator, Craig A. Bowers, let the offer sit while he went out-of-office off and on during July and August. The ATP subsequently expired in his queue. My clients are now back to square one. I re-faxed in the contract and prelim closing statement to get the file reopened. Now my clients received a letter stating they are not qualified. Wouldn't HUD prefer to have this property short sold than foreclosed?  Who can I escalate this to? Any help is appreciated. Thanks.

Comment by Dean E Eshelman, CPA, CDPE, IRES on August 13, 2018 at 4:59pm

@ Glenn S Fleisher Welcome.

 

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