Hi all, I have an new offer for Wells. It will be a short sale. I have read so many comments, now I am confused as to what to do first (me and the seller) and does the chicken or the egg come first ; ). I've done BOA and they went smoothly, so here are my questions.
1) Do I just go a head and upload it to Equator first?
2) Does the seller have to call somewhere first, and, if so, the short sale dept? or customer service #?
3) Seller needs to move and cannot afford mortgage so doesn't want to do modification application. Does not want to waste time with HAFA, so what do I/they do to Opt Out of HAFA.
4) Many say fax it in, but is that to the fax # listed in this group on the first page or do we have to call them to get someone's direct fax #?
You can answer questions I may not know too ; ))) Thanks for any help.
Kim
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Yes, it was a "soft denial." It was done to remove the file from the regular database (the file I faxed in) since we were active in Equator. When I called in they verified that we were "active" in Equator and that the short sale itself had not been denied. If this happens to you, you will want to call just to check; I never presume anything with the banks!
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