Today's post is just to recognize and thank Wachovia Short Sale department for being so proactive! 

Short Sale Help Dumfries VA

Listed and Under Contract at Fair Market Value of $349,000

 in Southbridge Subdivision in Dumfries Virginia

"The experience in dealing with Wachovia Short Sale department is the polar opposite of Bank of America or SunTrust Bank."

I've been assisting homeowners in Prince William County Virginia, with selling by Short Sale for sometime now. By far, Wachovia Bank  has been the best to work with. 

What is it that makes the experience so different? On the Realtors end..this is what happened:

  •  As soon as I submitted the short sale request. A representative called to confirm it was received!
  •  Next a representative called to say, they had everything they needed!
  •  The following week they called to say, the homeowner just may qualify for the HAFA Program
  •  They sent the paperwork they needed signed by Fed-x the next day!
  •  Seller signed an sent back everything in the paid envelope.
  •  One week later we had our answer. Determination was no on HAFA
  •  The file was then submitted for Short Sale Approval. You will have it within 72 hours
  •  Friday, I received a call on my cell phone...Short Sale Approval is expect Monday
  •  They called to confirm my correct fax number.

                Clapping Hands           

Now that is Customer Service!  Thank you to everyone who is working at Wachovia Short Sale Department! 

Do you need help selling your home? Call me 703-851-3085 or contact me by email

To access this weeks FREE lists of Foreclosures, Approved Short Sales and Immediate Delivery Homes  just visit Erick and Company.com.

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

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Peggy James REALTOR® Woodbridge Virginia

" You would want to hire me as your REALTOR®, if you're looking for a high energy, positive, take charge,knowledgeable person that is passionate about helping you get what you want! "

That's me! I'm easy going, and prefer to communicate by email, text and I use the latest technology to not only to stay in touch with you, but to market homes for sale as well and to negotiate.Still not sure I'm the right local professional for you? Check out my LakeRidgeVARealEstateNews blog or head on over to my LakeRidgeVAHomesForSale.com website to learn how I have others just like you sell or buy a home in the local area.

Read Success Stories Here 

To search for home currently Active Sale right now Start Here

The area's I service in Virginia are Lake Ridge, Woodbridge, Manassas. If you live outside these area's let's talk. If you have found my information helpful and you like what you see, chances are if I cannot help you, I know another REALTOR® who can. 

Tip: when reading any blog post, pay close attention to the date post was written as homes sell quickly. Call author for up to date information.     

Do you need help?  Have a question? Contact me now  

Note: This real estate blog is written by me Peggy James and it is is my opinion and may not reflect the opinion of Exit Choice Realty 14067 Crown Ct, Woodbridge Virginia 22193.

I have been blogging since 2008 and I am a full time REALTOR® .

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Post is included in group: Advice for Sellers
Post is included in group: Short Sale REALTORS®
Post is included in group: Virginia Foreclosures Short Sales and REO (and Pre-Foreclosures)

7 Comments on Wachovia Bank Short Sale Department Is Amazing...

JUN
06
2010
166,180 Points Outside Blog

I also had a good experience with them & closed last friday on a home in our area.  They were great to deal with.  I think they decided on the short sale with acceptance within 5 days.
9:20am • #1
Localism Sponsor

Peggy - That is great that your experience went well with them.  I have to say the banks overall have been getting better with short sales over the past 6 months.  I am currently working with Bank of America who has their new Equator System which gives a 60 day turn around and Wells Fargo, which has a time table of less then 60 days. 

I feel like short sales are becoming more tolerable then before.  It used to be a joke to write a contract on one, but as time goes by I feel for confident they will be streamlined.

Regards,

Stan
9:23am • #2
Called Shot Master

That is wonderful!  I'm currently doing one with Chase and a HELOC with BoA.  Chase approved it but BoA took so long to approve the HELOC that Chase closed the file.  Now I have to start all over with Chase and hope they get it done before time runs out on BoA.
9:29am • #3
609,154 Points 14 Featured Posts Outside Blog Called Shot Master

Oh what a refreshing post!!!  there just may be hope out there!!!  thanks for sharing!
10:28am • #4
245,439 Points 6 Featured Posts Called Shot Master

Love these good news posts! Thank you for sharing this with us and there is hope out there after all!   Susan
1:24pm • #5
319,359 Points 11 Featured Posts Outside Blog

Lyn- I bet they could have pushed you over with a feather! Now if Wachovia can do this why can't other banks?

Stan- I will agree with you up to a point. The frustration with the Equator system is when BOA dictates a higher than Fair Market Value counter, we jump the hoops to get it done, and then the VA or FHA appraisal comes in low. BOA has no systems to handle that aspect of the short sale. All they do is assign another negotiator and start all over again. It is madening! This is causes great stress to the distressed homeowner and the Purchaser who is waiting.

Kathrine- that's a tough one. Make sure to check ShortSaleSuperStars for tips and advice.

Deborah and Susan- You're Weclome! I know it made my day Friday.

 
2:34pm • #6
OCT
07
2010

I must disagree that Wachovia has the best interest of the consumer or thier clients in mind.  I am on my 9th 1-800 Number

Scenero

1-2nd Mortgage with Wells Fargo DEMANDED realtors cut commision 

2 2nd Mortgage with Wells Fargo asked for HUD Statement to be changed so she could approve (Darlene)

3-2nd Mortgage with Wells Fargo then said "NO we cant do it the buyer can not have closing cost paid by seller.  How can the 2nd lien holder dictate the terms of the sale?

3- 2nd Mortgage with Wells Fargo implied they would rather let it go into forclosure and get hardly anything than pay closing cost on the sale of the home.  This is how we keep our banks moving forward. 

 
Edwin Gerace
12:14pm • #7


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Peggy James

Peggy James Listing Agent in Woodbridge Virginia

Woodbridge, VA

More about me…

Exit Choice Realty

Address: 14067 Crown Ct, Woodbridge, VA, 22193

Office Phone: (703) 350-4990 x 104

Cell Phone: (703) 851-3085

Email Me

Lake Ridge Virginia Real Estate News Local real estate agent Peggy James of Exit Choice Realty blogs about current real estate market conditions, just listed, just sold, and shares tips and information for home buyers and sellers in Lake Ridge Virginia.

Lake Ridge VA Real Estate News- Peggy James a local Realtor® helps home buyers and sellers in the Woodbridge,Lake Ridge, Manassas, Dale City, and Quantico Virginia area's. Ask questions, learn about short sales, foreclosure homes,how to sell your home fast. Find active homes for sale, learn "what's happening" in the local Prince William County Virginia Real Estate market.

Let me know if I can help you with a real estate question call 703-851-3085.

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