Short Sale

Short Sale Expert Advice, Short Sale Agent, Short Sale Negotiation

World Saving Bank (now owned by Wells Fargo Home Mortgage) is offering Cash incentives for San Jose Home Owner for Short Sale.   These are non-HAFA Short Sales which means the home owners have to decline their option for a  HAFA Short Sale. In HAFA Short Sale, home owner can only receive $3,000-$6,000 at the close of escrow for Relocation Expense.  But given the fact World Savings Bank Loans are not candidates for a large sum of relocation inventive, we see no reason why our home owners should choose a HAFA Short Sale.

But before you decline the HAFA Short Sale, make sure that your loan has not been sold to a 3rd party investor and is still owned and serviced by Wells Fargo.  For our clients we use a 3rd party Authorization to help confirm this information.   This information is critical to confirm the availability of these incentives.

To qualify for these relocation incentives from your lender, you lender will require a handwritten letter stating that you are declining HAFA Short Sale as an option.  These large incentive are the best options and they might not last.  In fact, Wells Fargo incentive letters that are being sent out on World Saving Bank Short Sale loans have an expiration date which is requires the home owners to contact the Wells Fargo if they are interested in taking advantage of these incentives.

Even if have completed your bankruptcy you might still be eligible to receive these incentives for relation from Wold Savings Bank on your San Jose Short Sale.  Wells Fargo Home Mortgage incentive program is supposed to be more conservative at 15-20k max which is good inventive for home owners whose home will never recover in value.

Contact Us if you have any questions on your World Savings loan that’s now being serviced by Wells Fargo.  We can verify if Wells Fargo is willing to offer you an incentive for your San Jose Short Sale. 

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