Wells Fargo Gives Freddie Mac The Middle Finger! - 05/14/12 10:20 AM
Good old Wells Fargo is up to their tricks again.  Only this time, they may be playing with fire.
If you haven’t already heard, Wells Fargo instituted a policy that went into effect on 5/1/12.  From now on, they are refusing to waive any deficiency rights for their Freddie Mac short sales.  This, despite the fact that Freddie just instituted a policy on 2/15/12, specifically barring any lender/servicer from requiring deficiency language in their short sale approval letters.  The new policy reads “Reinforcing the requirement that the Servicer, for itself and on behalf of Freddie Mac, must waive all rights to seek deficiencies … (3 comments)

4030 E Woodstock Rd, Cave Creek, AZ - Virtual Tour - 05/09/12 07:26 AM
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17565 West Crocus Drive, Surprise, AZ - Virtual Tour - 05/08/12 01:50 PM
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Watch Out For Phoenix Short Sale Agent's False Advertising! - 05/03/12 09:20 PM
If you’re facing the very real possibility of losing your home to foreclosure, you’re interested in solutions to your financial tension. A quick Google search tells you that a Phoenix short sale might be an effective foreclosure avoidance solution for your situation. Even better, there seem to be a number of prolific Phoenix short sale agents with impressive track records. Some claim “100% success rates” while others say they’ve completed hundreds – even thousands – of short sales. The problem is, some unscrupulous real estate agents will say or do almost anything to win business. How do you know which ones are honest, above-board and … (4 comments)

 
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Bob Hertzog Designated Broker

Phoenix, AZ

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Summit Home Consultants

Address: 7702 E Doubletree Ranch Rd., Suite 300, Scottsdale, AZ, 85258

Office Phone: (602) 957-1583

Cell Phone: (602) 909-5994

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