what is the timeframe for purchasing a reo from wells fargo?
Answers (1)
FIRST ANSWER
In my experience, it isn't very different from any other REO or typical seller. About 2 weeks for cash purchases (sometimes as little as a few days if the title work is already complete). Anything longer than that is usually because of financing time frames (i.e. would be determined by how quickly your lender works).
Short sales are a completely different matter. The time frames I'm giving are for foreclosures.
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