Club Chaos Agents - All Things Hollish, Wacked, and Jacked

head_left_image

A Bank of America Short Sale vs. Wells Fargo, Plus, a Short Sale Home in Roseville

2008 Milan Way, Roseville, CA 95678Why is it that Bank of America can be so easy to work with on a short sale and Wells Fargo is so dreadful? They both use Equator. Wells Fargo promised us last January that it had approved a short sale and was sending the approval letter any day now, at least by the third week of January. The buyer was excited. Yet, that third week came and went and no approval letter. OK, drop-dead date of February 4th, promised Wells Fargo. No letter. So, yesterday, the buyer canceled.

I don't have that problem with Bank of America. When Bank of America tells me it will do something, it performs. Yesterday, a law firm contacted me to say Bank of America would not release our mutual client from personal liability. The lawyer had sent Bank of America a letter, talking about California Civil Code 580e and so forth -- it was a non-recourse loan -- but no release was forthcoming. The request was denied. I suspect the lawyers advised the client to close anyway because the hard-money second was releasing her.

The problem was the lawyer's letter wasn't reaching the right person at Bank of America. I emailed my executive contact at Bank of America, explained the situation and asked his team to take a second look. By late afternoon we had a release of personal liaibility letter for that seller. No deficiency judgment.

The following short sale I just listed in Roseville does not have any loans with Bank of America nor Wells Fargo. I suspect this short sale will be a relatively smooth escrow. It's a darling home, with a truly open floor plan. When you walk in the front door, you are standing in the family room with a sweeping view of the fireplace, the dining area and kitchen.

The family room, hall and 2 of the 3 bedrooms boast laminate flooring that look just like real wood. Both of the baths have ceramic floors, so does the kitchen. The master bath has a granite top on the vanity, and 12-inch ceramic around the tub.

This home was built in 2005 by JML. It's a popular one-story with high ceilings. You've got indoor laundry, an attached 3-car tandem garage, and a pretty back yard with a couple of uncovered patio areas.

2008 Milan Way, Roseville, CA 95678 is exclusively offered by Lyon Real Estate as a short sale at $180,000. For more information, call your Sacramento short sale agent, Elizabeth Weintraub, at 916 233 6759. For a private showing, call Linda Swanson at 916 607 0111.

Photos: Elizabeth Weintraub

2008 Milan Way, Roseville, CA 956782008 Milan Way, Roseville, CA 956782008 Milan Way, Roseville, CA 95678

sacramento short sale agentcerfified hafa specialist

---

Certified HAFA Specialistelizabeth weintraub

 

equator certified platinum short saleequator certified platinum reo elizabeth weintraub

Elizabeth Weintraub reviews

 

 

 

 

 

Sacramento Real Estate Listings

 

 

 

Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

A Bank of America Short Sale vs. Wells Fargo, Plus, a Short Sale Home…
share
Why is it that Bank of America can be so easy to work with on a short sale and Wells Fargo is so dreadful? They both use Equator. Wells Fargo promised us last January that it had approved a short sale and was sending the approval letter any day now… more
Call Your Insurance Agent Before Vacating a Short Sale Home
share
It happened again. This time to a different short sale and not in Sacramento. This short sale is in Roseville. High demand neighborhood -- such high demand that I received more than a dozen calls within 24 hours of putting this short sale on the… more
How to Find a Sacramento Short Sale Agent and Buy a Home in Crocker…
share
Sellers in Sacramento who are looking for a Sacramento short sale agent should be very careful whom they choose because there are "fake it till you make it" agents out there. These are novices who are erroneously calling themselves a… more
Here's a To-Die-For New Listing on a Short Sale Pool Home in Roseville
share
If you're looking for a two-story with almost 2, 000 square feet in the Silverado Oaks subdivision in Roseville, you'll want to take a look at this new short sale listing. This is an immaculate home with gracious features everywhere you turn. … more