We were "approved" by Wells Fargo to complete a mortgage assumption. It was during this process that we learned we have a SILENT lien on our house from a 2013 Hud Partial Claim. We were shocked- long…Continue
"We were just denied for the SECOND time to participate in a short sale. Reason is surplus of income! We provided a very detailed financial statement showing deficit!! We have a HUD loan. We have a buyer with a strong offer on the table which…"
"Sorry to hear about the difficulties. Partial claims are generally placed on property's as part of loan modifications for FHA borrowers.
Wells Fargo is a tough servicer. If you can't have the loan assumed and want to get out from under the…"
"This is terrible and exactly what we are afraid of. We would like to start a short sale process with Wells Fargo but they can't manage to answer simple questions on the phone so i am unsure if they are capable of giving us honest information…"
We were "approved" by Wells Fargo to complete a mortgage assumption. It was during this process that we learned we have a SILENT lien on our house from a 2013 Hud Partial Claim. We were shocked- long story. Fast forward. We now cannot complete the assumption WITHOUT the "due on sale" clause being triggered because its a "sale" regardless of it being an assumption.There is NO way we have 70K laying around to pay this. Our "buyers" are aware of the lien and are FINE purchasing the home with said…See More
How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you, but I found it difficult to express myself here, since it's a public site.Could you please get back to me on:( [email protected] ) for the full details.
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