WELLS FARGO SHORT SALE LISTING ADDENDUM PDF

But if you are referring to the listing addendum and the contract addendum then they should be dated to coincide with the contract they are being attached to. For example the listing addendum should be signed and dated the day you take the listing and the contract addendum would be signed and dated the day the buyer and seller sign the deal. The arms length form is a closing condition and would be dated when closing docs are signed. The only other form they have is the closing date extension. Of course this is only needed if the closing date needs to be extended and would be dated at that time.

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But if you are referring to the listing addendum and the contract addendum then they should be dated to coincide with the contract they are being attached to. For example the listing addendum should be signed and dated the day you take the listing and the contract addendum would be signed and dated the day the buyer and seller sign the deal. The arms length form is a closing condition and would be dated when closing docs are signed.

The only other form they have is the closing date extension. Of course this is only needed if the closing date needs to be extended and would be dated at that time. Are these the 4 addenda you are referring to? By the way negotiators are clueless when it comes to contracts and addenda.

I would not ask them anything. I just started a new short sale with Wells Fargo,and can not tell you how good is the support in this site,thank you again Permalink Reply by Lisa Nunez on February 10, at pm thank you for your response!

Great info here! Bryant Tutas said: Lisa. Permalink Reply by Bryant Tutas on February 11, at am They are referring to the listing agreement. The end date needs to be further out that the closing date. This a completely separate issue. Just have the seller sign an addendum to your listing agreement changing the end date of the listing to beyond 28 February.

Lisa Nunez said: thank you for your response! Many big banks make you write wording that the listing agreement can be canceled by the borrower at anytime anyway.

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Wells Fargo Short Sale Addendum

The foreclosure date may be postponed if a signed purchase offer is received by Wells Fargo. It allows you to sell your home for less than you owe on the mortgage, and may release you from having to repay the remaining mortgage balance. How a short sale could help You stay in your home until closing. This gives you time to make other living arrangements. You pay no fees.

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Wells Fargo 4 addendums (DATES?)

Wells Fargo acts as the seller on our managed and owned properties. A Wells Fargo customer owns and is selling the property. Wells Fargo decides whether to accept an offer, decline, or counteroffer. The homeowner and listing agent submit the highest and best offer to Wells Fargo. Wells Fargo presents the offer to the investor who holds the mortgage, and negotiates the minimum net proceeds amount the investor will accept. Restrictions All parties to the purchase transaction must be unaffiliated.

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Short Sale

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