Stephanie, Home Buyer in Charlotte County, FL

how do i contact someone about a wells fargo bank owned home?

Asked by Stephanie, Charlotte County, FL Wed Oct 6, 2010

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6
Dianne Scott, Agent, Eustis, FL
Wed Oct 6, 2010
Hi Stephanie,

All of Wells Fargo's REO's are listed online at http://www.pasreo.com and http://www.foreclosures.com . If you are interested in a particular home, the listing agent should be shown there.

Dianne Scott
Web Reference:  http://www.DianneScott.com
1 vote
Alma Kee, Agent, Tampa, FL
Sun Oct 10, 2010
Hi Stephanie,

Wells Fargo will not sell the house directly to you. They will assign an asset manager who will then assign a realtor to list it for sale on the Realtor MLS system. Wells Fargo may be merely the "servicer" and may not actually own the house. If Fannie Mae owns it they will only allow an owner occupant to bid on the property during the first 14 days.

So... find a Realtor you feel comfortable working with and have her set you up with an automatic notification if the house you want comes up for sale. You need to go out the same day it is listed because some asset managers will take the first reasonable offer. Also you may have to offer "above" the asking price to compete with other bidders. Your agent can send you the recent sales of similar homes so you can get a good idea of value.

Lastly if the house needs work, it's possible Wells Fargo may restrict the purchase to ALL CASH buyers only. You can get an FHA 203K mortgage that will allow repairs done (even a new roof) after closing so make sure your lender approval letter specifically states you are approved for a 203K or 203K Streamline (under $35k). Wells Fargo is the best choice to get a 203K mortgage.
0 votes
carlener par…, Agent, Apollo Beach, FL
Thu Oct 7, 2010
Hi Stephanie,

I would be more than happy to help you get through this process, call me at 813-361-7001, email at carli@homesbycarli.com, or visit my website http://www.homesbycarli.com.

Thank
Web Reference:  http://homesbycarli.com
0 votes
Ainsley Daux, Agent, Brandon, FL
Wed Oct 6, 2010
You can look on a real estate website for more information or contact an agent in that area.
Good luck
Ainsley Daux
0 votes
Cindi Perez, Agent, Corona, CA
Wed Oct 6, 2010
you can go on web site wells fargo they have reo list that you can look.
0 votes
ANDREW OLLICK, Agent, NAPLES, FL
Wed Oct 6, 2010
Is it a particular home you're looking at? You can contact any realtor in the area such as myself.
Email me at eo@oceanhomesrealty.com or call at 239-206-4500 I'll be happy to help.

Andrew Ollick
Amerivest Realty
239-206-4500
eo@oceanhomesrealty.com
Latest Post: Naples Luxury Home on Fire
http://www.andrewollick.com/realestateblog
0 votes
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