 Wachovia Fast Track Short Sale Experts |
Wachovia bank recently unveiled their new “Fast Track” short sale program developed for home owners with loans from World Savings, World FSB, Golden West Financial and of course Wachovia. This new short sale program has been streamlined to enable fast and easy processing, and can provide relief for Orange and Los Angeles home owners who are having trouble making their mortgage payments, or who are upside in the mortgage debt. The “Fast Track” program offers many advantages as compared to a normal short sale or foreclosure, as follows:
- No Hardship letter is required.
- Tax Returns are not necessary in order to qualify.
- If one is employed, paystubs are not required.
- Wachovia is committed to a 7 Day approval process.
- The “Fast Track” program provides for pre-approved short sales which allow the property to be sold for a higher price and in a quicker time frame.
- This program also offers possible “Cash for Cooperation” of up to $2,500.
- Home owner does not need to be late on their mortgage payments.
- Credit report may have just a slight derogatory due to this Fast Track short sale, and report will only show “settled for less than owed”.
- All Wachovia deficiencies will be forgiven.
Orange and Los Angeles counties have been hit hard by the real estate crash that started in 2007′. In some areas, home values have dropped by over 45% since the peak in pricing in 2006′. It is estimated that there are over 7,000 home owners in Orange and Los Angeles counties with mortgage loans with one of the above mentioned banks. Recent reports have also shown that over 30% of southern California home owners owe more in mortgage debt than their home is worth, which means that over 2,000 property owners could benefit from this new “Fast Track” program.
For more information about the Wachovia Fast Track short sale program, feel free to call us at: (949) 683-2747, or email at: Info@WachoviaFastTrackShortSales.com or visit our website at: www.WachoviaFastTrackShortSales.com
We are not the FHA, VA, USDA, HUD or any other government organization. The content on this blog is intended for information purposes only.
Really good new for home owners ……..Before doing short sale..! please do your research, and consult an expert who will help you make informed decisions. Thanks for new up date in short sale
I’ve closed 3 deals with Marc Souza Wachovia Short Sale Manager. He has been great to work with, the response on his emails is usually less than an hour and my approvals have came back in about 3 days. Contact him at marc.souza@wellsfargo.com or marc.souza@wachovia.com.