I am a realtor. I have a client who located a property he wanted to purchase. It was a short sale with Aurora holding the 1st mortgage and Wells Fargo holding the 2nd mortgage.in late September Wells agreed to accept $6000 to sell the property to my client and agreed to do it before November 14th which is the date the 1st mortgage needed to close by. Here it is November 12th and low and behold, no word from Wells Fargo.
As a professional dealing with REO and short sale properties from many different lenders, I can say without hesitation that Wells Fargo is the worst bank/lender to work with. They are slimy, evil and greedy as an institution. Avoid them all together.
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