Finishing A Short Sale With The Wells Fargo Short Sale Division Specialists
Posted on May 17th, 2012
Hey, I am Josh and that is Sarah. We are with the Pomerleau Team here at Keller Williams Realty. We are Minnesota’s number one short sale experts. We love helping out people within the short sale world. We’ve been doing this for about 6 years. We help as many individuals as we can annually to keep away from foreclosures through a brief sale.
As we speak we might like to speak about one of our most closed lenders, Wells Fargo. We’re going to discuss what’s been occurring with them these days, what we have been seeing from processes with them after which just an idea of what to anticipate from them and a short sale. We just received a short sale approval from them in about 30 days. It was a portfoio loan. What we’ve heard from them on their portfolio loans is sometimes it’s called a low doc short sale process. They don’t even want all the documents, however we’re still going to wish to get as much of the paperwork as doable to make sure we now have a easy short sale process. They know the percentage of what they’re going to get back and so they simply need to get rid of it. For almost all of our clients who’re with Fannie Mae or Freddie Mac, or an FHA it does take longer possibly about ninety days to negoiate the short sale, but we can assist you with that. Wells Fargo has been nice to work with up to now and they have been to this point this year.
I would also like to speak about mortgage insurance and if its FHA mortgage insurance coverage, that is alright but when it’s a standard loan with mortgage insurance coverage, there may very well be extra steps that we have to undergo together with your file.
I would also like to talk about 2nd mortgages. We have been dealing with 2nd morgages lots these days, the truth is we just closed one yesterday that had a second mortgage and it’s mainly Wells Fargo’s home equity department and we have been actually seeing them attempting push our clients through to the recovery department. They have been a lot more troublesome to work with lately. We go the extra mile to get short sales accomplished for our clients.
If you have any questions, feel free to give us a call. You too can use our short or stay calculator. It’ll speak about all the numbers that have to do along with your short sale. It’ll tell you how long it’ll take you to get even on your house and how much money that’s going to cost. It basically offers you data that can assist you determine if a short sale is true for you. You can even get a hold of us by clicking the big start button on shortsaleshift.com and we have now a contact form for you fill out. You too can chat with us, call us or e-mail us. Again we are Josh and Sarah with the Pomerleau Team, Minnesota’s primary short sale experts and we’re here to help. Thanks and have an incredible day.
For more information on short sales and how to avoid foreclosure, visit the Short Sale Shift blog or you can also try out their Short Sale Calculator and get started today.
Filed under 2nd Mortgages, 6 Years, Doable, FHA mortgage insurance, Freddie Mac, Keller Williams Realty, Lenders, Loan Mortgage, Morgages, Mortgage Insurance Coverage, Ninety Days, Paperwork, Portfolio Loans, Standard Insurance, Standard Mortgage, fannie mae, foreclosure, foreclosures, home equity, second mortgage, short sale, wells fargo | No Comments »
Wells Fargo & Wachovia Short Sale Assistance Is Simply A Phone Call Or E-Mail Away
Posted on May 16th, 2012
Hello everybody my name is Mark Peek and I’m your short sale specialist within the Sacramento and Roseville area, thanks for checking out my blog today. I work with Keller Williams Realty in the Sacramento area and use my blog to provide helpful data to owners on their choices for avoiding foreclosure. If you are behind on your mortgage, or already contemplating a short sale, please browse my web site for more data or contact me directly to discuss your options.
For my blog matter in the present day I wanted to discuss working with Wells Fargo Bank, ASC, or Wachovia Bank on a short sale file and a few of my latest experiences. The reason I list three totally different banks is as a result of Wells Fargo is the parent company of the two smaller corporations and all three are essentially under the same umbrella. Wells Fargo is great to work with on a short sale, especially in the event that they own the mortgage and aren’t just servicing it. Wells Fargo does do a considerable amount of servicing for Fannie Mae and Freddie Mac and those recordsdata will often take longer because of a separate investor. Both Wells Fargo and Wachovia have a large presence within the Sacramento area and I know that many homeowners have their loans by means of one of these {two} banks.
In case you are considering a short sale and have your loan with Wells Fargo or Wachovia please contact me right now to discuss your options for avoiding foreclosure. In case you are unsure in regards to the short sale process stop by my website and try out a brand new product I’m offering referred to as the Short Or Stay Calculator. This online service gives you a big picture view of what your own home is worth and how far underwater chances are you’ll be. If your Sacramento area home is underwater I want to assist you to make the best real estate choice possible. Thanks for your time and have an important day.
For more information on short sales and how to avoid foreclosure, visit the Short Sale Specialist blog or you can also contact the Mark Peek team and get started today.
Filed under Asc, Avoiding Foreclosure, Big Picture, E Mail, Estate Choice, Fannie Mae And Freddie Mac, Freddie Mac, Keller Williams Realty, Parent Company, Peek, Phone Call, Present Day, Roseville Area, Sacramento Area, Thanks For Your Time, Wachovia, Wachovia Bank, Wells Fargo Bank, fannie mae, foreclosure, foreclosures, short sale, wells fargo | No Comments »