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: 1423
Latest Activity: 2 hours ago

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 Firstname.MiddleInitial.Lastname@wellsfargo.com
OR Firstname.Lastname@wellsfargo.com

ESCALATION DEPARTMENT 866-605-0829

Wells Fargo Executive Offices:  800-853-8516

Discussion Forum

Wells Fargo Short Sale - HELP HELP HELP

Started by Allan Robinson. Last reply by Allan Robinson Nov 10, 2016. 3 Replies

FHA Investor Wells Fargo since June of 2015

Started by Robin Lemmons. Last reply by Gladys Nunez Nov 2, 2016. 4 Replies

Wells Fargo Short Sale: Seller Not Delinquent

Started by michael bellamy. Last reply by Gladys Nunez Nov 2, 2016. 5 Replies

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Comment by Bud Cooke on July 25, 2009 at 12:33pm
Absolutely. I wouldn't enter it in the mls unless I had the written authority in hand. Thanks for your help and for posting the Wells forms.
Comment by Wendy Rulnick on July 25, 2009 at 12:23pm
Hi Bud - I think it is ok you had the listing date on the form, I do that, too. I just don't enter a price. I do wait until I get the signed listing back to proceed, though. If you get a contract, you might be ahead of the game to include the documents above signed and dated by all required parties.
Comment by Bud Cooke on July 25, 2009 at 12:02pm
My concern was that I had the docs with them for a week before they signed them and being inexperienced in these deals, I had a listing date on the form. I did know to make it a year listing, though. I don't want to hold a dated listing more than 24 hours before entering it in the mls.
Comment by Bud Cooke on July 25, 2009 at 11:59am
No, I have all of the listing docs. Just not all of the financial docs. The seller just called me back and will be home tonight. He'll prepare what I need and send them to me. He also saif that he talked to them and they were very nice and were sending him a package for him and one for me. They claimed they could move the package in 30-45 days. I told him to expect long and be happy if they actually made it.
Comment by Bud Cooke on July 25, 2009 at 11:57am
Thanks for posting those Wendy
Comment by Wendy Rulnick on July 25, 2009 at 11:28am
Bud, I would just hurry up and get the docs! If you are saying you don't even have all the listing documents back, I would ask them to fax today or tomorrow...
Comment by Bud Cooke on July 25, 2009 at 11:25am
I received my first ss listing agreement last night. It's a Wells loan and a second at $30k. I entered the listing at 11:30pm at the top of local comps ($245k) and had a showing this morning. They are going back tomorrow. I'm still waiting for all of the financial data from the sellers. They are in Atlanta. Wooohooo! I should have held the listing until Monday, I think. I was against the dates on the listing and panicked. Thoughts?
Comment by Wendy Rulnick on July 25, 2009 at 11:13am
Wells Fargo typically pays junior lien up the lesser of $3000 or 10% of the loan balance.
 

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