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Whose Sleeping in my Closed San Jose Short Sale
We have found many unauthorized occupants "sleeping" or living in short sale and REO homes in Central Ohio and Clintonville. This will continue to be a problem in 2013
Whose Sleeping in my Closed San Jose Short Sale Is Wells Fargo Home Mortgage Making Post-Closing House Checks? Just days after closing escrow on a San Jose Short Sale a representative from Wells Fargo came knocking on the door. The sellers, in the throws of moving, opened the door and was handed an envelope with bright red letters Confidential - Urgent Notice. The seller asked what it was regarding and the response was: "Occupancy."
Lenders expect sellers to be out of the house after the close!
The seller proceeded to vent their frustration with Wells Fargo. I'm sure it all fell upon deaf ears. The person who delivered the notice was probably a third party field representative who was paid $25-$30 to deliver the envelope. In this case we will never know who the person was because the sellers did not ask. Too bad.
Short sale agents know that lenders are far behind their own processes. Wells continued to call the sellers each week throughout the short sale process despite the fact ... more
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