Wells Fargo counters - $50,000 less than offer?????

I am the seller's agent and after doing 3 HUD-1 with the sales contract price of $265,000 I got a 4th HUD-1 and the sales contract price has been reduced to $215,000 - anyone ever heard of this happening? I have tried since June 22nd to get my negotiator to call me, e-mail me - just clarify this as a truth or an error to no avail. Each day I call and no answer. I have tried to escalate this file and they won't let me! Any suggestions?

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Permalink Reply by Smitty on July 2, 2012 at 2:02pm

LOL...never had that happen. So long as there are no tax ramifications or deficiency pursuits, TAKE THE DEAL.

So nuts.

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Permalink Reply by Beverly Cibulsky on July 3, 2012 at 12:02pm

This is very interesting! Sounds like a typo!

Wells has been crazy lately, I actually got an Equator message from the processor, that they are "swamped" and on another file, the processor seemed to have no clue what he was doing. I like the old fashion approval letters!

Please keep us posted!

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