My wife and I are supposed to close on a short sale tomorrow. All the docs were signed yesterday, we wired the money (it's a cash purchase, no financing involved), and today title calls me and tells me Wells Fargo won't approve the HUD statement until they get a notarized name affidavit from us. Why do they need it? I looked at the offer, addendums, etc and our names appear the same on all of them. What's going on? The form title sent me basically says I hereby certify that Ken Deboy and Ken Deboy are one and the same person (there's also a second one for my wife). What exactly are they asking for? If we don't give them what they want (because I don't understand what they want) is the deal dead or will they let us file an addendum to push out the closing date? Like I said it's an all cash offer and they already have the money. I'm going nuts!!!
Thanks for any advice,
Ken
**********************************
like buttons
Replies
It is nothing, just sign it and move on. For some dumb reason, Wells is a stickler about this. They ask for them because of middle initials, Jr, Sr, you name it. Not a big deal, sign it.
Thanks for the reply Jeff. One other question - on my wife's form they misspelled her last name. Should we just add the correct spelling on the next blank line (it has several and ______s before the "one and the same")? I don't have a problem with signing it, I just don't want the deal to fall apart. It's our first short sale and this was kind of unexpected especially the day before closing. Our last home was an REO and it went much smoother.
Ken
Ken,
I would make sure all of the names are spelled correctly at this point as you don't want anything to come back down the road. Just do it the right way the first time and move on stress free.