My husband and I made an offer on a short sale 1-31-2013 which was being handled thru Wells Fargo. Wells Fargo advertises on their website to be able to complete a short sale in 45 business days. On 6-2-2013 we were notified that Wells Fargo had admitted to passing our file to a different person every two weeks who would request the same paperwork required by the Equator system be resubmitted. As of today, 6/7/2013, we have still not heard on the offer. The buyers of our home who have been patiently waiting with us have backed out.
How can these banks and mortgage companies get away with doing this to people. We made an honest, cash offer on this home. Now they are going to "shoot themselves in the foot" on foreclosure proceedings.
And we wonder why so many companies go out of business?
Review about: Wells Fargo Loan.