Okay, they're getting better! I got the approval in 20 days with this one AND the negotiator did not reject the termite work, bee-removal, water heater plumbing fix OR the take-away! This was Wachovia - Wells Fargo. My, how things have changed!
I remember the first short sale listing I had with Wachovia as the lender..... 3 1/2 years ago. What a nightmare. The negotiator took 6 months to even talk to me. Had a BAD attitude, too. What nerve my 80-year-old sellers had to have refinanced their home just three years prior, got totally taken by a bogus contractor, and were now short-selling!
Even after we explained their hardship - wife having 5th surgery, husband on oxygen - I got absolutely nowhere and the house was foreclosed on. AND they ended up selling it for $40,000 under the offer I had submitted.
THIS TIME WAS A DREAM compared to that one! I had an intelligent negotiator... Returned my emails... Actually looked at the HUD. Realized the all-cash buyer wanted the termite work done and those dog-gone beehives removed, along with the seller's various, assorted "left-behind" stuff.
Thank you, Jenna at Wells Fargo! The seller is relieved.. The buyer is happy to be moving into a home with no termites and no bees... The neighbors are ticked about the price (which was totally reasonable, by the way) but they are happy the home did not go into disrepair. I paid the gardener. I checked on the safety and security every few days. I convinced the seller to pay the utilities until the close.
OK! I'm ready for the next one. It's actually a darling house - owners need my help to get out from under. It just needs a little tlc and a new owner!
Do you know anyone who needs to short sell in the Conejo Valley communities of Thousand Oaks, Westlake Village, Agoura Hills or Newbury Park, California? Contact Kathy Smiley with Prudential California Realty, and we'll make it happen!
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