Wells Fargo Mortgage Short Sale Process
Wells Fargo Short Sale Process
The day you become a homeowner deserves a great pat on the back! However, in today’s economic struggle and with the Real Estate Market at a low, homeowners are finding themselves losing that once special feeling they had when they purchased their home. Mortgage payments seem like an impossible task to do, let alone make them on time. If you are one of these individuals and you have found yourself in a sticky situation with your home, and you just simply cannot get through it alone, you’ve come to the right place! The Wells Fargo Short Sale Process is simple, efficient and your solution. Wells Fargo has an extremely experienced team made up of smart, friendly and loyal individuals. With these amazing traits it’s no wonder why Wells Fargo has the highest short sale approval!
How does a short sale work? First, a short sale is not for every homeowner. It is not for those who are just simply looking for a way out of their home without reason. A short sale is for the particular homeowner(s) who need it. Those who have been struggling and found themselves so far behind on their mortgage, their home is in distress and they are on the verge of foreclosure. What happens during a fshort sale, is your home is sold under its original value because of the amount of debt wrapped up in it and also the Market at a low. Now, before the short sale is to take place to the qualified homeowner(s), I will let you know that there are certain requirements.
Personal hardships seem to happen so often these days and Short Sale Specialists understand that. Some hardships that you and I would consider to be “life changing” or “dramatic” are not always seen the same way through lenders eyes. Some examples of accepted hardships would include:
● Disability
● Illness
● Loss of employment
● Reduced income
● Death of a spouse or family member who was an asset to the bill
paying
● Divorce
● Property damage (natural and unnatural)
Dealing with any of the above are definitely hardships and are completely understood. When you are trying to apply for a short sale, you will be asked to put together what is called a Short Sale Package. This package plays a huge role in the short sale process because it holds very important documents. Within the short sale package you will need the following:
●The hardship letter
●Two months of pay stubs
●Two recent bank statements
●The previous year tax returns and W-2’s
●A financial statement
All of the above paperwork should include on each page, your name and loan number. Losing any of these documents could set you back into the process. If you for some reason are not able to provide any of the required paperwork then you may type up a letter explaining in detail your reasoning. Again, signed, dated, and loan number.
There is also a program entitled HAFA. What that stands for is Home Affordable Foreclosure Alternative Program. It offers incentives up to $3,000.00 towards your relocation in addition to guaranteeing forgiveness of the deficiency. I strongly encourage you to click here to qualify for the Wells Fargo HAFA program.
Your short sale specialist will work with Wells Fargo on your behalf to get your home sold and on with your life. You will not be charged for any services. It is 100% free for you, no cost or charges! Now that you are a little more educated on what your next move should be, then get started! Time slows down for no one and although it is important to have a trained short sale specialist to help sell your home, there is no substitution for endurance and experience! Contact us today and speak with an experienced short sale specialist so that we can help you get this matter resolved!
www.Short-Sale-Specialists.com
877-737-4903
Ask a local short sale specialist!
Is your home in Distress? Need assistance with the Wells Fargo short sale process? Our Massachusetts short sale specialists provide FREE short sale expert services to Boston homeowners in hardship. Call today to see if you qualify for a Wells Fargo mortgage short sale! Our Boston MA area Short sale specialist real estate agents are here to help, and are Certified and trained in the Massachusetts Home Affordable Foreclosure Alternatives, or HAFA Government short sale program.
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