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Hi everyone,
I've been lurking for awhile but finally had a question worth asking (in my humble opinion.)

Anyhow, my offer to purchase a short sale was just accepted. Both loans on the home are with Wells Fargo. This is the second time the condo has been put on the market (since August 2010). First offer fell through in late January.

We offered $195K. Comparables in the complex are around 190-200K. The unit next door with the exact same specs closed on March 10, 2011 for $195K.

I feel good about this place. The seller's agent is speedy with his responses and is even working with a lawyer to help with the negotiations. So my question is, has any worked a successful short sale with Wells Fargo recently. Any advice other than being patient?

I haven't had the best luck with short sales over the last year and a half. Unfortunately, short sales seem to be the norm at my price range.

Thanks!