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Need Wells Contact

Posted by David Zagorsky on August 20, 2015 at 12:26pm in Short Sale Discussions

My client took out a HELOC from Wachovia that is now owned by Wells Fargo. The First TD is foreclosing. Auction date is next month.

I cannot find a Wells decision maker to accept a short payoff without going through the usual paperwork of Offer, Financials, etc. I will pay for the name of someone at Wells who can quickly make a deal.

Thanks,

davidz@san.rr.com

858-259-8021 California

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Replies

  • Jonathan Katz August 21, 2015 at 4:53am

    Is the 1st a full payoff? As Brian said, you will need to be reviewed by whichever lien(s) are being shorted. Whoever has a contact who can instantly approve deals is relaxing in the Bahamas right now!

    Brett@ishortsalenow.com

    310-564-6389

    www.ishortsalenow.com

    • David Zagorsky > Jonathan Katz August 21, 2015 at 5:25am

      1st will go to Auction. We have held them off 3+ years already so I need to extinguish the Wells HELOC so we can lower the price now. It is hard to believe that there is no way to expedite a decision by Wells that will get them some payoff before being wiped out.

      • David Zagorsky > David Zagorsky August 22, 2015 at 1:17pm

        Update

        We are now in contact with the Liquidations Department and will send a Hardship Letter with an Offer.

This reply was deleted.
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