Hello,
I have heard the wonders of Wachovia, but amazingly I've never had one with them. I have closed tons of short sales, but unfortunately none with WAchovia.
I am ready to list the property and I would like to know who to contact or to know if that is an standard process.
Any Help will be appreciated. Thanks!
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BTW, we are closing this file this week. 5K to seller, 6% comm and 3% to buyer!
Thank you all.
Eric, do you know if I can ask the Wachovia manager to take my Bank of America Short sales? hahahhaha.... But, like someone here said, WElls Fargo is buying all this pissed off customers, and at some point makes sense.
Thanks Roger! I will keep it in mind!
Good luck to you my friend!
Roger D. Cummings said:
Great!
thank you very much to all of you. Well, I contacted the Field Manager on June 7th. Just met with her on Jun 20th and presented a good offer, that she said "matched the BPO". so we should be getting an approval next week! For now, we are only waiting on WAchovia call to borrower to opt out from HAFA. Hafa can pay borrower 3K, but traditional pays the same, and no hardship documentation is required. Hardship is approved on the meeting by manager and its so simple.
IMPORTANT: Field Manager told me that WAchovia no longer promises 5K. Instead, they promise 3K for relocation assistance, but manager told me on first conversation she would try to get me 4K. On meeting day, I arrived with 2 huds (one showing 3K, and another showing 4K) After listening to borrower's hardship, she told me to make new HUD for 5K. Great!!!
We will see!
Thanks to all!
We are told that the documentation from old WAMU loan files are lost. WAMU or Wells Fargo is not being nice. They would rather pay a homeowner $25,000 to $35,000 to get out of the house, than allow the homeowner to stay in the home for life because they cant produce any of the paperwork, not the note, not anything.
Enrique,
I have closed several World/Wachovia short sales and they are much more streamlined than any other process I have come across (including HAFA). Not all states have designated short sale managers but fortunately California is one of them. I'm not sure who handles your area but I can give you our manager for Santa Clara County, Kay Maurer @ 408-761-4454 or kay.maurer@wellsfargo.com. I'm sure that she can help you find someone to help and best of luck with your transaction!
-Roger
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