Help Wachovia Short Sale
Wachovia was acquired by Wells Fargo in 2008 which means that if you have a Wachovia loan it is likely being serviced by Wells Fargo. Wachovia loans typically start off with #00 which is one indicating factor that the loan is a Wachovia loan in Wells Fargo’s portfolio.
What Does This Mean For The Short Sale Process?
Wachovia loans are processed in a different division of Wells Fargo. They facilitate their transactions outside of equator which is now the norm for Wells Fargo loans too now. You can email Wachovia short sale document to shortsales@wellsfargo.com. A processor will be assigned to collect the documents and a value ordered. Once the file is complete it will be passed off to a negotiator to review the value and offer on the transaction. Just like any transaction hurdles can appear and escalation may be necessary. With the proper foresight and escalation contacts Wachovia files can be some of the smoother short sales to work.
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