Short Selilng A Mortgage
I have a potentail deal where the owner is upside down in his mortgage.
He's ready to walk and give the property back to Wells Fargo.
Whom at Wells Fargo should I contact about buying the mortgage at a discount?
I have a potentail deal where the owner is upside down in his mortgage.
He's ready to walk and give the property back to Wells Fargo.
Whom at Wells Fargo should I contact about buying the mortgage at a discount?
Hi vcrindc,
You will need to get written authorization from the homeowner to speak with the lender about their loan, and then you will need to fax/mail it to the Loss Mitigation Department.
Do some more reading in the Short Sale and Preforclosure Forums!
Best of Success!
BAMZ