Recently I blogged about Venice FL Short Sales. A couple of weeks later I received an email message sent to me directly from Active Rain Blog. My customer was served a foreclosure notice about 6 months ago. She hired an attorney and has been working through the process. My customer wanted to know if a short sale could possibly help her avoid foreclosure so she Googled Venice FL Short Sales and my blog came up in the search and I quickly responded with a phone call.
She currently has mortgage and an equity line, both are Wachovia loans but originally were World Savings Loans (Wachovia bought out World Savings Bank). I recently met with a Wachovia representative who offers a program to homeowners who have loans that originated with World Savings or are a Wachovia Portfolio Loan(this is not a HAFA Short Sale Program). After consulting with a Wachovia Short Sale representative it was determined she qualifies for their Fast Track program which will release her from any deficiencies, may receive some money to move (up to $3000) and amazingly almost no paperwork is required. Wachovia will now freeze the foreclosure proceedings to move on with the Wachovia Short Sale.
Sounds to good to be true, but it is true. I am listing her home for sale today and she is on her way to avoiding foreclosure. It just makes my day when I can help someone avoid foreclosure and move on with their lives in a positive direction. This is what Active Rain is all about.
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