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Has anyone worked or closed a deal with Primary Financial Services, LLC....looking for a contact

Posted by Ryan Smith on July 27, 2010 at 12:38am

Has anyone worked or closed a short sale with Primary Financial Services, LLC based in Phoenix AZ? They are the collection company Wells Fargo Home Equity sells off to. I'm working a file where Wells is the 1st and PFS is the 2nd. Wells has agreed to pay 10% or $8K to PFS, but PFS wants 20% or $16K. I'm looking for a good contact to escalate to or for any ideas you may have. This is a CA purchase money deal so there is no recourse against the seller. PFS stands to lose a lot of money if this goes to foreclosure. Your comments are appreciated.

Thanks!

Ryan Smith

Tags: Equity, Fargo, Finanacial, Home, LLC, Primary, Sale, Services, Short, Wells
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Comments

  • Jonathan Gordon July 30, 2010 at 7:00am
    I am also negotiating with them, so I'd love an update. Today they claimed that they have the authority to issue payoffs for both the first (Wachovia/World Savings) and the second (wells fargo) which I was previously told that they would have to be negotiated separately. Not sure whether I can trust this company or not, as they are a debt collector.
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