Wells Fargo Short Sales
Information
Wells Fargo and ASC (America's Servicing Company)
This group is for information, tips and solutions for Wells Fargo short sales.
Members: 1439
Latest Activity: Oct 27, 2022
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
What can I expect?
Started by Beth Walsh. Last reply by James Franko Nov 1, 2021. 6 Replies 0 Likes
Violation to Receive Additional Funds
Started by Kay VanKampen. Last reply by Short Sale Superstars LLC Oct 8, 2019. 2 Replies 0 Likes
Investor denial
Started by Angie Fraguas. Last reply by Short Sale Superstars LLC Jul 11, 2018. 3 Replies 1 Like
Comment Wall
Comment
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Comment by Becky Martin on August 20, 2011 at 1:57pm
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Does anyone have an ASC short sale package??
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Comment by Lillie Handy Dominguez on August 19, 2011 at 4:40pm
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Shannon, thank you for you feedback and thank you to all of you for your prompt responses. This is extremely helpful. We're going to counter the Buyer for 3%, however, the offer is rather low. I'll convince WF somehow. Lillie
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Comment by Shannon Vowles on August 19, 2011 at 9:34am
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I just had one approved yesterday with 3%. We had asked for 3.5% but they countered with 3. It was for an FHA as well. Good luck!
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Kay, thank you. Were these any loan type? Lillie
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Comment by Kay Mann on August 19, 2011 at 8:52am
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WF has paid 4% cc & 5% commission......I have never had any problems with them, even when I have had a 2nd attached.
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Jennifer, thank you. Lillie
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Comment by jennifer mullen on August 19, 2011 at 8:05am
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I'd have to look at my files but I'm sure my first one was USDA and they asked for 6% but could only get 3%. The original loan was an FHA Genesis (100% financing) so maybe it depends on the investor?
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Jennifer & Tara, thank you. Were any USDA loans or do they have to be FHA, VA?
Thank you, Lillie
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Lillie, I've had several approved with closing costs, but never 6%.
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Comment by Tara Polley on August 19, 2011 at 7:45am
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I don't think you can go higher than 3% and I've only ever been able to get it approved for buyers getting an FHA loan.
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