wells fargo: 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)

wells fargo: Another Approved Short sale in Bradenton, FL 99k for a 3 bedroom with a POOL! - 11/09/10 02:04 PM

Just back on the market this week.  The lender, wells fargo, has approved this single lender short sale here in Oak Terrace in Bradenton, FL.
Where else can you get a 3 bedroom, 2 bath, 2 car garage home with A POOL.  This home is going to need a new roof, but other than that, this is a great value for a pool home in Bradenton.
Address is 5606 33rd East Lane
Bradenton, Florida 34203
MLS Number M5814588
1,352 sqft
Built in 1990
On the market since August
This deal took 52 days for an approval from the lender from … (0 comments)

wells fargo: 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)

wells fargo: Wells Fargo announces- "no extensions on short sale approvals" - 10/05/10 10:02 AM
Well I sure hope that Wells Fargo gets faster about giving short sale approvals and gives adequate time to close them!   
With no ability to get extensions buyers who need financing on their short sale purchases need to be extra diligent to getting their loan commitments on time to meet the approval time frames provided from the lender. 

Wells fargo will need to be realistic to Junior lien holders having to also agree to the short sale approval.   In the past two out of three short sales with Wells Fargo that I have closed here in Bradenton, FL, A … (4 comments)

wells fargo: Wells Fargo short sale approved in less than 30 days! Sign of things to come? - 11/05/09 01:21 PM
This was a great day! I just had a short sale come back approved in less than 30 days pending!
I love Wells Fargo.  I listed the home preparing the seller for a long painful process that would take 6 months to a year to complete.  I advised her to call her lender to let  them know she wanted to do a short sale. 
The NEXT day, I get a call from the assigned negotiator.  That same day, I get a call from the BPO agent!  THIS WAS BEFORE I EVER HAD AN OFFER!
Within two weeks I get the unit under … (7 comments)