Home > Blogs > Florida > Manatee County > Bradenton > Wells Fargo approves short sale in less than 30 days pending
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Manatee County real estate news

Joe Murphy's opinion, thoughts, on the manatee real estate market

By Joe Murphy | Agent in Bradenton, FL

Wells Fargo approves short sale in less than 30 days pending

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 contract with a realistic buyer with a 90 day approval deadline.

The seller provids all required documents, and we sent in the contract.

light at the end of the tunnel

(light at the end of the tunnel, and this was a short tunnel)

I get a call from the negotiator the next week with some questions, and some required changes for the HUD.  No big deal.

Then, today, I get the call that the deal is approved, and the WRITTEN approval is on its way.

The only down side is that the deal has to close THIS MONTH.  Wow, I called the buyer's agent who was in disbelief.  They were expecting a close next year, and hopeful that we would get a response in 90 days.

This is how all short sales should go.  Kudos to the Short sale dept at WELLS FARGO. 

I hope this is a sign of things to come for 2010!


If you need help with selling a short sale in Manatee County Call me today.  Free advice, and no cost short sale assistance.   Helping buyers and sellers in Manatee county for the past 7 years.

Joe Murphy 941-780-3260

www.manateemoves.com

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