Real Estate Short Sale Guide

Short Sale Buyers Short Sale Sellers
 

Wells Fargo Home Mortgage

Short Sale Home » Seller » Wells Fargo Home Mortgage

If selling your home via a short sale with Wells Fargo, here is some helpful information in helping the process become more smooth.

  • Wells Fargo Home Mortgage: 1-877-216-8448
  • Wells Fargo Fax Number: 1-866-917-1877 and 1-612-312-4951 (expedited number but will still take 5 to 7 business days for response)
  • Hours of Operations: Authorizations until 6pm EST, Call Center is open until 10pm EST
  • An authorization letter is needed, including a Wells Fargo authorization form.
  • There are 2 fax numbers to send your authorization letter (listed above).

What you’ll need to include in your short sale package to Wells Fargo:

  • Cover letter with everyone’s contact info & summary of the offer
  • Hardship Letter
  • Complete offer to purchase contract with all signatures
  • Listing agreement with all signatures
  • Wells Fargo Financial worksheet with recent bank statements showing income.
  • A CMA for the property
  • Proof of funds for Cash offers or a pre-approval letter for financed deals
  • Proof of hardship (job termination letter, medical bills, etc.)

If a foreclosure is imminent, put that information in the cover letter for the bank to see.

Where to send the package?

1-866-359-7363 is the main document server

Suggestions & Notes:

  • Take notes of every conversation with the bank.
  • Keep all the fax confirmation sheets
  • Call daily and try not to be rude.
  • When you call the cell center to ask questions, you may get a different answer every time you call.  It can be frustrating.

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