Just like the Lockness Monster & Dracula...I have only heard about this Form's Existence....Has Anyone Used It or Seen It????
...And, How Long Before Wells Starts Using It? Let Me Know Short Sale Agents Out There...
See Article Below...
Wachovia Short Sale Streamlined 32 Day To Close Program
Check this out...Wachovia is setting the benchmark for the Short Sale process...the days of 30, 60, 90 days waiting for a short sale approval are over.
"Wachovia Short Sale"...as it's branded...was rolled out in Northern California and has been a huge success. Wachovia is partnering with Real Estate Agents to expedite offers on short sales. Imagine...45 days to close a short sale...that's 45 days from the day the offer is sent to Wachovia. This "Best Practice" will change the way short sales are done by every bank...nationwide and it's brilliant!
Of $160Billion in real estate loans held by Wachovia, $80Billion is in California!!! Wow...Of this...30,000 of Wachovia's California mortgages are 60 days + late with no notices of default...People need help...Our economy needs help!
HAVE YOU SEEN OR USED THIS FORM?