All Blog Posts Tagged 'wells' (14)

What happened here???!!!%%%

What the???!!!%%%

Wells Fargo Typo Victim Dies in Court

http://ning.it/13VWqKK

My question: Why is the unemployment rate so high when there are so many people get paid for a job they can not do? Surely they are many unemployed qualified detail minded people looking for a job. And when there is a problem it gets fixed ASAP! Without facilitating someone's death.…

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Added by Ghana Bigsby on March 14, 2013 at 11:59am — No Comments

Help! Wells Fargo Will Not Postpone Sale Date with Approved Short Sale

Does anyone know who to talk to or where to go to talk to someone who can postpone a foreclosure sale date in Wells Fargo.  The sale date is September 18.  We have had challenges with approvals on several offers on this property with the lender countering and the buyers walking.  We even had the seller pay for an appraisal to challenge one counter trying to substaniate the reasonable offer.  Our most recent offer was accepted on August 31, with an approval letter ariving after…
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Added by Ruth Jacobs on September 12, 2012 at 2:31am — No Comments

B of A Short Sale updates..critical!

Bank of America has a couple of new and updated news releases they just sent out..

1.  Bank of America Second Lien Release Guidelines: New and enhanced guidelines for Agents handling prperties with second liens on them.

  • The Short Sale must be initiated on or after June 1, 2012.
  • The Second must be attached to the First lien…
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Added by Kimberley Kelly on June 16, 2012 at 2:32am — No Comments

An Unusual Silicon Valley Wells Fargo Short Sale Just Closed

I just closed a Wells Fargo Short Sale that is not typical. It was a nice 3 bedroom townhome in North San Jose, close to Santa Clara. The owners were divorcing and neither could afford to buy the other one out or afford the property alone. This constitutes a hardship in most lender's minds. I have closed other Wells Fargo short sales with similar circumstances. The current owners had been able to…

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Added by Marcy Moyer on April 13, 2012 at 6:42am — No Comments

San Jose Short Sale Got Wells Fargo Approval

I just got approval on a Wells Fargo Short sale in San Jose. It was both a long and short road.

The long road first:

Town home put on the market in October of 2011 at $575,000. After one week we received an offer for which the seller accepted and it was sent to the bank.

Sellers were not behind on payments but are getting divorced and neither one can afford the home alone or…

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Added by Marcy Moyer on March 5, 2012 at 5:03pm — No Comments

Another Short Sale CLOSED; Indio, California

ANOTHER SHORT SALE CLOSED; Indio, California   This one took some fancy footwork, but got it listed and closed in less than 90 days..whew!

Sellers came to me two weeks before Sale Date end of August.  There was a tenant in the house, and they would not allow entry to Buyers..so "contingent upon Inspections" was in…

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Added by Kimberley Kelly on October 30, 2011 at 2:39am — 2 Comments

Short Sale in Indian Wells, Calif.....APPROVED!

Short Sale in Indian Wells, Calif......APPROVED!  Just received my approval letter yesterday on this one.  From List to 8/15 COE will be approx. 120 days.  It is intriguing to me how some Short Sales sail along and others..seemingly very similar to my eyes, get stuck.  This one is a vacation home for my Seller.  He has two loans with Bank of America.

Primary Loan:  $417,000 due

Second:  $206,000.

APPROVED Sales Price:  $465,000. 

 

I wrote…

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Added by Kimberley Kelly on July 20, 2011 at 11:19am — No Comments

Addicted to Adrenaline? Do a Short Sale!

If you like the rush, the careening highs and crashing lows that makes your Adreneline course through your veins like you've being chased by an unknown intruder..try a Short Sale!  What a rush!  What a ride!  Kind of like a huge roller coaster zipping along....up, then down..back up, then down..yippee!

 

Even if you're a list agent used to the…

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Added by Kimberley Kelly on July 1, 2011 at 5:50am — No Comments

The Investors on my approved Short Sale taught me a lesson today..

Two loans..each with a diffferent Lender.  I have received BOTH approval letters.  COE is 5/27.  Buyers' money in the bank, inspections done, buyers on their way to Palm Springs..BOOM!

My cell rings..

"Hello, this is Kim"

"Yes, Kim, this is Bob, your closer for your loan #______"

"Hey Bob, great to hear from you!  What a surprise!  We're all set up…

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Added by Kimberley Kelly on May 25, 2011 at 2:17pm — 2 Comments

Short Sale Approval Received in 26 Days from Well Fargo Home Mortgage!

Short Sale Approval Received in 26 Days from Well Fargo Home Mortgage!

 

I just received short sale approval from Wells Fargo in 26 days!  It was a total of twenty six days from when the short sale application was submitted to the lender until I received the short sale approval letter in my email box.  So much is written about the bad short sales - the ones that drag on for months at a time - that I thought I should…

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Added by Tni LeBlanc (805) 878-9879 on April 7, 2011 at 1:21am — No Comments

Short Sales; I CLOSE them!

It's one thing to list a short sale and then hand it off to a negotiation company.  It's another to handle it yourself, keep your Seller and also Buyer's agent updated weekly, and then follow it through to a successful CLOSE!  I can do that for you!

 

To view my current listings and their status for the first quarter of 2011, please visit my…

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Added by Kimberley Kelly on January 14, 2011 at 4:57am — No Comments

5 Reasons Foreclosure Prevention Is Like Halloween

5 Reasons Foreclosure Prevention Is Like Halloween



1. Tricks



I don’t know if kids do this anymore, but I remember part of the fun, the anticipation, of Halloween was coming up with a “Trick” to offer in exchange for candy – a joke, rhyme, hand stand, armpit noise or, if you were desperate, a song. Foreclosure prevention is like… Continue

Added by Jennie Blackburn on October 25, 2010 at 4:54am — 2 Comments

Freddie Mac: Is there a HUMAN there???



Is there a HUMAN at Freddie Mac? As one of your largest investors, (80% of your stock I believe?), I was so hoping for some help with one of my Short Sales. Your CEO's have apparently decided that CHASE is a good investment as a "servicer" of a bunch of those under performing loans that I, and all of my tax-paying fellow-investors, are now holding the bag on.

I am challenging that decision.…

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Added by Kimberley Kelly on September 29, 2010 at 1:36am — No Comments

Short Sale team added to HK Lane Real Estate



Short Sale Team added to HK Lane Real Estate. Envisioned by owner, Harvey Katofsky, Broker Ron Gerlich and Real Estate Attorney, Paul Bojic, the idea is a "One stop team for Short Sale advice." Two Listing Agents, Kimberley Kelly and Ally Valesquez will be working with them, as well as a Short Sale negotiation team…

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Added by Kimberley Kelly on July 2, 2010 at 1:09am — No Comments

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