A couple of more SSSS (short sale success stories) to report. Both with Wells Fargo, who, after floundering like a fish out of water in the short sale ocean in 2008, has finally gotten its act together and now completes short sales in a reasonable amount of time.
The first one, a Livermore Ca. home (address not given to protect the owners) took almost 4 months to get approved. Had a first, and a second, with Wells. But lo and behold, this time the first and second actually spoke with each other, and for the most part, the process went smoothly.
The second SSSS, also a Livermore Ca. home took only 6 weeks to complete! Yes, 6 weeks, from start to finish. It was a Wells / Wachovia loan .... Wachovia has really gotten its act together with regards to short sales. The owners, completely broke, received $2,000.00 from Wachovia (that is right ...) in order to move out more quickly.
If you live in Alameda County California, in the cities of Dublin, Pleasanton, Livermore, San Ramon, or Danville, and if you think that a short sale might be in your best interests, please drop me a line at realestate@tomlyons.com
SHORT SALE LANGUAGE SPOKEN HERE!
http://tomlyons.yourkwagent.com/atj/user/HomePageGetAction.do
19 years real estate experience, land developer, real estate book author, realtor. Author of 2007 real estate book "The Realtors Survival Guide ... how to succeed regardless of market conditions."
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