Wells Fargo Short Sell
I have found a property that will be preforeclosure this month.
Seller is letting property go back to bank.
How can I deal with bank to get short sell- property was trashed by hurricane Katrina, amount owed $134,000 needs $60,000 in repairs and is worth $230,000 finished.
[addsig]
you need to have the seller sign a authorization so you can deal with the bank the sellers will need to fill out a finincial worksheet and show a hardship.
Start early with Wells, they are slow.
Here they wait until the last moment to get to your file, postpone your sale and make everything last minute due to their heavy volume
Get an authorization from the Seller and send in the information they request right away.
Good Luck
[addsig]