Today's post is just to recognize and thank Wachovia Short Sale department for being so proactive!
Listed and Under Contract at Fair Market Value of $349,000 in Southbridge Subdivision in Dumfries Virginia
"The experience in dealing with Wachovia Short Sale department is the polar opposite of Bank of America or SunTrust Bank."
I've been assisting homeowners in Prince William County Virginia, with selling by Short Sale for sometime now. By far, Wachovia Bank has been the best to work with.
What is it that makes the experience so different? On the Realtors end..this is what happened:
- As soon as I submitted the short sale request. A representative called to confirm it was received!
- Next a representative called to say, they had everything they needed!
- The following week they called to say, the homeowner just may qualify for the HAFA Program
- They sent the paperwork they needed signed by Fed-x the next day!
- Seller signed an sent back everything in the paid envelope.
- One week later we had our answer. Determination was no on HAFA
- The file was then submitted for Short Sale Approval. You will have it within 72 hours
- Friday, I received a call on my cell phone...Short Sale Approval is expect Monday
- They called to confirm my correct fax number.
Now that is Customer Service! Thank you to everyone who is working at Wachovia Short Sale Department!
Do you need help selling your home? Call me 703-851-3085 or contact me by email
To access this weeks FREE lists of Foreclosures, Approved Short Sales and Immediate Delivery Homes just visit Erick and Company.com.
Contact Peggy James or Erick Blackwelder of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place, Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's
Find out what's for sale today in Woodbridge Virginia Click here
Have an iPhone or iPad...you are going to love the FREE APP. Use it while you are driving neighborhoods you like! It's an awesome tool!
11360
Do you need help? Have a question?
Just ask me..Click here
You can follow me on Facebook
Contact Peggy James or Erick Blackwelder of Erick and Company of Exit Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085(Peggy) 703-590-2252 (Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service Woodbridge, Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas,Gainesville, Garrisonville and Triangle area's.Basically all of Prince William County Virginia. Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City.
I also had a good experience with them & closed last friday on a home in our area. They were great to deal with. I think they decided on the short sale with acceptance within 5 days.
Peggy - That is great that your experience went well with them. I have to say the banks overall have been getting better with short sales over the past 6 months. I am currently working with Bank of America who has their new Equator System which gives a 60 day turn around and Wells Fargo, which has a time table of less then 60 days.
I feel like short sales are becoming more tolerable then before. It used to be a joke to write a contract on one, but as time goes by I feel for confident they will be streamlined.
Regards,
Stan
That is wonderful! I'm currently doing one with Chase and a HELOC with BoA. Chase approved it but BoA took so long to approve the HELOC that Chase closed the file. Now I have to start all over with Chase and hope they get it done before time runs out on BoA.
Oh what a refreshing post!!! there just may be hope out there!!! thanks for sharing!
Love these good news posts! Thank you for sharing this with us and there is hope out there after all! Susan
Lyn- I bet they could have pushed you over with a feather! Now if Wachovia can do this why can't other banks?
Stan- I will agree with you up to a point. The frustration with the Equator system is when BOA dictates a higher than Fair Market Value counter, we jump the hoops to get it done, and then the VA or FHA appraisal comes in low. BOA has no systems to handle that aspect of the short sale. All they do is assign another negotiator and start all over again. It is madening! This is causes great stress to the distressed homeowner and the Purchaser who is waiting.
Kathrine- that's a tough one. Make sure to check ShortSaleSuperStars for tips and advice.
Deborah and Susan- You're Weclome! I know it made my day Friday.
I must disagree that Wachovia has the best interest of the consumer or thier clients in mind. I am on my 9th 1-800 Number
Scenero
1-2nd Mortgage with Wells Fargo DEMANDED realtors cut commision
2 2nd Mortgage with Wells Fargo asked for HUD Statement to be changed so she could approve (Darlene)
3-2nd Mortgage with Wells Fargo then said "NO we cant do it the buyer can not have closing cost paid by seller. How can the 2nd lien holder dictate the terms of the sale?
3- 2nd Mortgage with Wells Fargo implied they would rather let it go into forclosure and get hardly anything than pay closing cost on the sale of the home. This is how we keep our banks moving forward.