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Who is the mortgage specialist here??

Date: Tue, 04/13/2010 - 08:36

Submitted by SOAPLADY
on Tue, 04/13/2010 - 08:36

Posts: 17315 Credits: [Donate]

Total Replies: 4


I have some questions if someone here knows or understands Wells Fargo mortgage. Friend of mine house is in foreclosure and they put the house on the market. It sold and was suppose to close on April 7th. They have first and second, WF on the first, WF finance on the second. As of today, the second is holding up the closing by not providing a payoff. Is this normal? Is wells trying to pull something? Closing was suppose within the 90 days granted by the courts for them to sell it....it is now outside that 90 days. This is just not sitting right with me not to mention the fact it is costing him on insterest on a daily basis.

If this is complicated, PM me with your phone and I will call.


Wells was given 2 weeks notice of the closing date and his mom who is a real estate agent/broker has been calling them daily. He is upset because they are not making much off this sale and by my calculations with is costing him a $50 a day in delays. How difficult is it to get a payoff?


lrhall41

Submitted by SOAPLADY on Tue, 04/13/2010 - 08:45

( Posts: 17315 | Credits: )


You would think that, seeing the public loaned them all that money, that they would be more cooperative! They have an awful reputation from what I have read here and elsewhere! Hopefully if I keep your post bumped someone with more expertise will happen along! Why not post this in the public forums as well?


lrhall41

Submitted by Frogpatch on Tue, 04/13/2010 - 10:13

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