This blog forum is for the discussion of real estate as an investment and as a place to call home. The home that you own is an investment as is the shopping center investment or the rental apartment building. All topics of real estate to further wealth building and wonderful living are open to discussion. The more diverse the better. Please try to challenge us.
Monday, December 7, 2009
Wells Fargo Short Sale Success!
Very fast short sale approval process just concluded today with Wells Fargo. This was on an investor owned duplex in San Jose that was 7 days away from trustee sale when we started this project. Trustee sale was postponed when we submitted a ratified offer. All email transaction with the short sale negotiator. Full short sale approval in under 3 weeks - that's including a Thanksgiving holiday. Way to go Wells Fargo! Win for the bank, win for the borrower and win for the new investor.
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