Comment

Comment by Lillie Handy Dominguez on September 14, 2011 at 11:06am

Approval took 20 days.

Wells Fargo did not approve any repairs, tests, cleaning but did approve 1.7% of Buyer's Closing Costs.    I'm replying to a question I posted on August 25.  

Comment by Lillie Handy Dominguez on September 14, 2011 at 11:02am

Hi Everyone,

Wells Fargo Mortgage Short Sale Approval Letter with Waiver of Deficiency and how reporting to the Credit Bureau.

Thank you all for your assistance.  1.7% Buyer closing costs paid.

 

Wells Fargo Short Sale Approval with Waiver of Deficiency.pdf

Comment by Brenda L Wood on September 3, 2011 at 4:35am

Same here... it wasn't there; however, my negotitiator also included it in the notification email and I was able to get it that way.   Congrats and good luck!

Comment by Wendy Rulnick on September 3, 2011 at 3:35am

I received an approval from Wells Fargo in Equator.  The problem is, I cannot find it.  The negotiator says: "Please find in the Equator Library (Task Files/Send Offer Approval/Active) our approval" 

I've  looked and looked, it must be well-hidden in Equator.

Comment by Marcy Moyer on August 31, 2011 at 2:54pm

Sorry I mean Wells Fargo!

 

Comment by Marcy Moyer on August 31, 2011 at 2:53pm

Does B of A want loan numbers on all docs on equator?

Comment by Shelleen Wienke on August 26, 2011 at 12:19pm

Same thing happened to me on a WF short sale. Dispute the appraisal. Give them at least 3 comps of similar size and age that sold just prior or at the time of the appraisal.

Get an estimate of repairs by a contractor and submit those as well.

The appraisal cannot be 6 months old or older.

Good luck. They actually made us raise our listing price as the buyer bailed. We went from $122,000 with no buyers looking at the property for 2 months clear down to $78,000 with a new cash offer in hand.

Comment by Linda Quinn on August 26, 2011 at 11:20am

Wells Fargo Financial got our highest of 3 offers for $180. The other two were $152k.

House has no heat and lacking backsiding and other issues. Negotiator jumped on

the package but later did not even know of the highest offer...the BPO MUST have

come out at $200,000. She emailed wanting it listed at $200K and rejected all offers. There is no way we will get more..this home needs a FHA203K...or full

cash...Any ideas...should I go above her ...relist property at $200K?

 

Comment by Lillie Handy Dominguez on August 25, 2011 at 8:18am

Has anyone had WF pay for repairs, carpet cleaning, well flow tests or septic tank pumping.  Some agents in OR are telling me that they have.  I've not seen that, but it's been a while that I do one with WF.  Thank you, Lillie.l

Comment by Bill Seufert on August 25, 2011 at 7:47am

anyone have the contact info for the executive office at Wells Fargo? Having a bear of a time with a negotiator and his ability to use Equator.

 

Thank you

 

 

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