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Wachovia Short Sales Made Easy 1. Obtain Listing Agreement 2. Contact local Short Sale Manager as soon as you get the listing (see attached) 3. Short Sale Manager will notate in Wachovia system that

How to fill out wachovia short sales made

How to fill out Wachovia short sales made?

1. Gather the necessary documents: Before starting the process of filling out Wachovia short sales, it is important to gather all the required documents. This may include financial statements, tax returns, bank statements, pay stubs, and any other documentation related to your financial situation.
2. Contact Wachovia: Reach out to Wachovia (now part of Wells Fargo) to inform them about your intention to initiate a short sale. They will provide you with the necessary forms and instructions on how to proceed.
3. Fill out the forms: Carefully read through the provided forms and fill them out accurately. These forms will typically require you to provide information about your property, financial situation, and the reasons for requesting a short sale.
4. Submit the completed forms: Once you have filled out the forms, submit them to Wachovia as per their instructions. Ensure that you include all the supporting documents that are required along with the forms.
5. Follow up regularly: After submitting the forms, it is essential to follow up with Wachovia regularly. This will help you stay informed about the progress of your short sale application and allow you to address any additional requirements or inquiries promptly.

Who needs Wachovia short sales made?

1. Homeowners facing financial difficulties: Wachovia short sales can be a viable option for homeowners who are struggling with their mortgage payments and are unable to keep up with their financial obligations. These individuals may benefit from the possibility of avoiding foreclosure and settling their debts through a short sale.
2. Real estate investors: Real estate investors may be interested in Wachovia short sales as an opportunity to purchase distressed properties at a potentially discounted price. Such investors have the resources and expertise to navigate the short sale process and capitalize on these investment opportunities.
3. Real estate agents: Real estate agents who specialize in aiding homeowners with distressed properties may also have a need for Wachovia short sales. They can guide homeowners through the process, help them understand the requirements, and negotiate with the lender on their behalf.

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What is wachovia short sales made?

Wachovia short sales are transactions in which a borrower sells their property for less than the balance owed on their mortgage, with the lender's approval.

Who is required to file wachovia short sales made?

Real estate agents, lenders, and property owners involved in the short sale process are required to file wachovia short sales made.

How to fill out wachovia short sales made?

Wachovia short sales made can be filled out by providing details of the property, borrower, lender, and sales price.

What is the purpose of wachovia short sales made?

The purpose of wachovia short sales made is to document the transaction and ensure all parties involved are aware of the terms.

What information must be reported on wachovia short sales made?

Information such as property address, borrower information, lender details, and sales price must be reported on wachovia short sales made.