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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
Started by Beth Walsh. Last reply by James Franko Nov 1, 2021. 6 Replies 0 Likes
Started by Kay VanKampen. Last reply by Brett Goldsmith Oct 8, 2019. 2 Replies 0 Likes
Started by Angie Fraguas. Last reply by Brett Goldsmith Jul 11, 2018. 3 Replies 1 Like
Comment
@susana. This happens often and you won't be able to find out the reason. Many times they think it's a violation of arms length affidavit. You should ask if you can reapply with a new offer.
310-564-6389
Has anyone had an issue with WF denying a short sale because it doesn't meet investor quality standards. I asked the negotiator from the bank to explain what that meant and her response was that she cannot give further details. My buyer accepted the full counter offer from WF, so that clearly wasn't the issue. I have called executive office at WF and waiting on a response and called the investor on the loan who informed me that they don't deny SS because of the reason I have been given and that WF has to elaborate as to the denial. I was wondering if anyone has come across this issue and what was done to get it approved?
Thanks, Helena & Dean. They accepted the ALTA upon escalation. We seem to be moving forward again, for now.
Wendy just so you know Randall's email bounced for me today. UP ABOVE
Dean, I submitted the same. I guess it is time to escalate since there seems to be some confusion. Thanks much. This is very helpful.
@Elva Branson-Lee -- We submitted a combined ALTA -- CD - one pager.
Thanks, @Dean E Eshelman, for your prompt reply. What did you submit with your offer as a preliminary closing disclosure?
Elva -- not yet. I have a Wells Fargo closing next week. So we will see what happens then. However, I would use twitter to escalate to home office in Des Moines, IA. They have been quite helpful in the short sale I have been working on.
Hi Superstars. Wells Fargo will not accept an ALTA preliminary closing disclosure submitted with a short sale offer, and has asked for a hud instead. To my knowledge, no one in Georgia has used huds since TRID. I've requested a variance to use the ALTA several days ago and have had no response. Anyone else run into this issue? Any advice?
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