hafa: World's fastest short sale! Less than 1 day, and it was approved! - 05/24/11 06:54 AM
Submitted the contract and approved in less than 24 hours!  
Most everyone who has considered buying a short sale thinks that there is nothing "short" about a short sale.  This is not always the case!Time frames for a short sale offer to be approved typically are measured in months not days.  This was my fastest approval for my career.  The offer was executed on Saturday, and submitted in over the weekend.  By 5 pm on Monday, we had a written approval from Wells Fargo for the short sale to close within 30 days. Wells Fargo home mortgage company has never worked … (2 comments)

hafa: newest HAFA guidelines. Make sure to apply for HAFA BEFORE submitting a contract! - 10/28/10 03:25 PM


There has been a lot of issues in the past few weeks with Bank of America and Wells Fargo with regards to complying with HAFA. I have had to actually start over a short sale that was in process on a Bradenton home that Wells Fargo states has to be canceled and then resubmitted in order to be considered.
In particular, I want to make sure that homeowners realize that you have to contact your lender BEFORE submitting a contract to purchase your home. Please make sure to contact your lender prior to having your Real Estate agent submitting any purchase contract for the sale.
This … (4 comments)