Kim Boekholder
  • Female
  • Sandy, UT
  • United States
  • Utah
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Kim Boekholder's Discussions

Wells Fargo, I need Help

Started this discussion. Last reply by Bill Mesch Sep 30, 2010. 2 Replies

wellsfargo denied offer said sellers had to be 90 days late and sign promissory note.... now what? I need help and suggestions please .  They are already 30 days late and this was the highest and…Continue

Wells Fargo: Negotiator suggestions please

Started this discussion. Last reply by Bill Mesch Sep 16, 2010. 5 Replies

My packet was submitted and passed off: email sent to me said negotiator now has your packet and will contact you within 5 business days regarding counteroffer or acceptance.  BPO has been done but…Continue

 

Kim Boekholder's Page

Latest Activity

Kim Boekholder replied to Smitty's discussion VA SS through Wells Fargo. What do I need to know? in the group VA Compromise Sales
"I also just took a VA listing with Wells today.  Would love to know what to do vs. finding out the hard way.  Don't want to risk the Veteran having anymore difficulties than he already has."
Feb 7, 2012
Kim Boekholder joined Wendy Rulnick's group
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VA Compromise Sales

Group devoted to discussions for Veterans Administration short sales, called Offers in Compromise, or VA Compromise Sales.See More
Dec 21, 2011
Kim Boekholder commented on Wendy Rulnick's group Wells Fargo Short Sales
"Anyone dealt with a short sale thru Wells Fargo that is a VA loan?  I've worked short sales with Wells Fargo before but I haven't worked on a VA short sale before.  Any tips would be greatly appreciated"
Dec 21, 2011
Kim Boekholder liked Bryant Tutas's group SunTrust Mortgage
Nov 21, 2011
Kim Boekholder replied to Kim Boekholder's discussion Wells Fargo wont disclose BPO in the group Wells Fargo Short Sales
"we've sent in financials to document lack of funds.  Wells called seller and told them sign for the 30,000 or we will foreclose and seek a deficiency.  They are now claiming they own another property too but they don't. …"
Jan 6, 2011
Steve Early replied to Kim Boekholder's discussion Wells Fargo wont disclose BPO in the group Wells Fargo Short Sales
"Getting the buyer to come up is NOT the solution. The BPO is a figure that is used (sometimes in conjunction with other information) to establish the VALUE of the property. This is what the offer will be judged against. Once the offer is accepted,…"
Jan 3, 2011
Kim Boekholder replied to Kim Boekholder's discussion Wells Fargo wont disclose BPO in the group Wells Fargo Short Sales
"Thank you everyone for your feedback.  I will consult with the sellers again and see what happens."
Dec 29, 2010
Kimberley Kelly replied to Kim Boekholder's discussion Wells Fargo wont disclose BPO in the group Wells Fargo Short Sales
"I'm with you John.  Once it's closed, the collection agency that probably owns the note will contact Seller and let the negotiations begin!  They can often settle for 10%..good deal. "
Dec 24, 2010
John Treadwell replied to Kim Boekholder's discussion Wells Fargo wont disclose BPO in the group Wells Fargo Short Sales
"Kim, This note thing is becoming more and more in short sale process now , The seller will not have good credit if they don't sign the note. Trust me Wells Fargo is number one is not liking the client to keep good credit in a short sale. The 2…"
Dec 23, 2010
Kim Boekholder added a discussion to the group Wells Fargo Short Sales
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Wells Fargo wont disclosure BPO

I have a  Wells Fargo short sale and the  negotiator / MIP insurance would like seller to  sign 30,000 note or they will seek deficiency.  Long story short, the seller wont sign note, we would like to know what the BPO came in at to see if buyer would be willing to pay more for home to lessen the amount they want from the buyer. Negotiator will not tell us what BPO came in at.  Told me I can argue it with recent solds, which I have already done every month for the last 4 months.  I was…See More
Dec 23, 2010
Bill Mesch replied to Kim Boekholder's discussion Wells Fargo, I need Help
"Escalate! The investor will suggest a promissory note, but that as everything else is Negotiable. I was offerred a note in a current sale and WF settled for 20% of the note, cash at closing by seller. All is negotiable. The buyers should still be…"
Sep 30, 2010
Bryant Tutas replied to Kim Boekholder's discussion Wells Fargo, I need Help
"Kim. This sounds like the investor laying down a foolish guideline. All you can really do is try to get an exception. If they won't budge you may just have to find another buyer if the current buyer won't wait. Our jobs are getting more…"
Sep 21, 2010
Kim Boekholder posted a discussion

Wells Fargo, I need Help

wellsfargo denied offer said sellers had to be 90 days late and sign promissory note.... now what? I need help and suggestions please .  They are already 30 days late and this was the highest and best offer we have received.   Sellers have moved out, they can't afford the home.   I have never had a bank say the sellers had to be 90 days late.  Two problems here, 1. potential offer is now bye bye  2. 90 days... hello foreclosure anyone. Any and all suggestions would be greatly appreciated. Thank…See More
Sep 21, 2010
Bill Mesch replied to Kim Boekholder's discussion Wells Fargo: Negotiator suggestions please
"The fact that my 81 year old seller has failing health doesn't seem to matter. The DIL was requested and thanx to their scheduling they may choose new rules for forclosure. I will try the above phone game AGAIN! Thanx!!!"
Sep 16, 2010
Cindy Barnett replied to Kim Boekholder's discussion Wells Fargo: Negotiator suggestions please
"Here is my contact no. for WF "phone team." 866-903-1053 Always ask name of phone rep and ID code for documentation purposes. Negotiator didn't respond to my call to phone team for update on 9/8 (offer submitted 8/30/10). Phone rep.…"
Sep 16, 2010
Bill Mesch replied to Kim Boekholder's discussion Wells Fargo: Negotiator suggestions please
"Wells told me 3-5 weeks, thanx for the heads up!"
Sep 14, 2010

Profile Information

First Name
Kim
Last Name
Boekholder
State
Utah
City
Sandy
My Profile
Broker
Results Real Estate, LLC
www.kimshomesforsale.com
[email protected]
801.580.5624

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