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Another Connecticut Wells Fargo short sale succes!

Posted by Minna Reid on Monday, November 28th, 2011 at 9:37am.

I recently closed a Meriden, CT short sale with Wells Fargo Financial and had a very pleasant short sale experience. Wells Fargo Financial has a new process to pre-approve and expedite their short sales.

Owed: $400,000

Closed $299,900

5 days for Wells to complete BPO and preapprove "quick sale" price.

5 more days on market at quick sale price to secure a buyer.

10 days for Wells Fargo to approve the sale.

27 days for all parties to prepare to close. 

5 minutes for my Wells negotiator to review and approve the final HUD-1.

47 days total from list to close.

By far the smoothest short sale I had ever experienced. And if Wells Fargo can do that.....Well what's the hold up...BofA...Chase...GMAC....?????

Facing foreclosure in Connecticut? Don't just walk away!

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Minna Reid is a full-time, full-service, Connecticut REALTOR®,  specializing in short sales, serving Hartford, Tolland, Middlesex and New Haven Counties including, but not limited to; Andover, Avon, Berlin, Bloomfield, Bolton, Cheshire, Columbia, Coventry, Cromwell, Durham, East Hartford, East Hampton, East Windsor, Ellington, Enfield, Farmington, Glastonbury, Hebron, Lebanon, Manchester, Mansfield, Marlborough, Meriden, Middlefield, Middletown, Newington, Portland, Rocky Hill, Somers, South Windsor, Southington, Stafford, Tolland, Vernon, Wallingford, West Hartford, Wethersfield and Willington.       
 
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