Anyone Have Any Experience Doing A Short W/ Wells Fargo?

There's only a first on the home, but the house is in horrendous condition.

Thanks!

Comments(1)

  • TheShortSalePro21st October, 2003

    It doesn't much matter too much WHO the lender is, but more importantly the type of loan, and the servicing criteria imposed by the owner of the mortgage.

    Just be sure to prequalify both the property, and the homeowner/mortgagor for short sale potential. Then, follow the basic procedure for helping the Seller complete the application for short sale consideration, and your accompanying Proposal. If your Proposal is fact driven, compelling, and complies with mortgagee short sale criteria, you'll have success more often than not.

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