Real estate blog entries tagged with wells fargo short sales by Wendy Rulnick "Its Wendy!" Destin Short Sales (Rulnick Realty, Inc.)

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wells fargo short sales: Wells Fargo Approves Short Sale Near Rosemary Beach Florida- In Eight Days! - 11/24/09 05:51 PM

This corner lot in Riviera Beach, Panama City Beach, Florida was just approved for short sale. This property is near Rosemary Beach Florida..Lender: Wells FargoMortgage Balance: $275,000 apprSale Price: $50,000 apprFaxed short sale package: November 16Received Approval: November 24
Approval Time: 8 daysPromissory Note: NoneCash Contribution: None
Sales Factors: Complete short sale package, … (10 comments)

wells fargo short sales: Why Isn't Picture of Cash "Proof of Funds"? - 08/25/09 06:20 PM

As I get closer to approval on my Wells Fargo short sale, the lender is asking for updated “Proof of Funds” from the buyer. The buyer’s agent says the buyer has cultural beliefs that make him dislike banks. He refuses to open an account just to show he has $30,000 … (34 comments)

wells fargo short sales: VA Short Sales: "Stuck" With Appraisals for 6 Months! - 06/21/09 12:15 PM

I recently had a short sale contract on one of my listings in Mary Esther, Florida, where the seller had a VA (Veterans Administration) home loan. A VA short sale is called an "Offer in Compromise". The offer price was $120,000, which I thought was reasonable given the condition of the property. … (13 comments)

wells fargo short sales: Two Approvals! - 05/09/08 05:02 PM

I received two Short Sale approvals- one today and one yesterday- from Countrywide and ASC/Wells Fargo. It's going to be a good weekend!
1. ASC/Wells Fargo: Package was submitted on February 22. It took ten weeks, about 2.5 months for approval. The offer was countered early on.
2. Countrywide: Submitted on March 2, only … (11 comments)

wells fargo short sales: Negotiators: Business Demeanor - 03/29/08 12:08 PM

What a pleasant way to end a Friday! I had spent much of the day making check-in calls to short sale lenders, those for both active and pending listings. In addition, it was one of those days where the phones were ringing non-stop anyway, hard to get any work done. I … (4 comments)

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