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Interesting Approval on a Wachovia Short Sale

By
Real Estate Agent with Realty Executives

Boy, I thought I had seen it all and then this happened.

I had a short sale with Wachovia as the one and only lender.  I faxed over the package including the estimated proceeds.  I called several times to see if a negotiator had been assigned.  No updates were given. 

Then out of the blue, I received a two page approval. I did not receive a phone call or any other contact info other than an email on the approval.  The biggest shock was that there was no cover page on the fax.

Good thing I had provided my eFax number for the fax number.  What if the approval had gone into some lost fax land and I never received the approval? Its pretty crazy the way the banks operate. And then we wonder why they need to be bailed out. 

Posted by

Susan Manning

Comments(4)

Jennifer Horton
Trin Hong Real Estate Inc. - Novato, CA

Wachovia does that a lot. They are short and to the point!

 

Jennifer Horton Realtor/Short Sale Coordinator Lic:01390614 Full Service Realtor Since 2003 Trin Hong Real Estate Cell: 415.599.6789 or 530.864.2677 (both go to same phone) Fax: 415.814.5745 Jen@JenniferHortonSells.com

Mar 17, 2009 10:16 AM
Michael Wayne Jackson
Coldwell Banker - Novato, CA
Broker - Seniors Real Estate Specialist Novato

Wachovia and Wells Fargo are responding very quick on their short sale files in comparison to the other lenders. Congrats on the approval.

Mar 30, 2009 08:54 AM
Anonymous
Gordon Corsie

Wachovia have figured it out and have hired some Real Estate savvy folks who want to get the job done quick!

Apr 10, 2009 01:24 AM
#3
Lori Young
Young Realty Group, Inc. - Naples, FL
Broker/Owner

Any emails for Wachovia reps?  naplesagent@yahoo.com

Sep 03, 2009 06:37 AM