Wells Fargo
Foreclosed House Advertised Before Bank Owned It and Closing Delayed

Wells Fargo and their real estate division, Premiere Asset Services (PAS) put a house up for sale here in Norwood, OH before they legally owned it. The then went into a contract with me, breached the contract, caused delays (and me to incur costs"; then refused to pay for the delays they caused.

Wells Fargo advertised the house in the MLS the first week of August. I made an offer, and it was accepted by Wells Fargo August 19; we had a closing date of September 24. Wells Fargo had started the foreclosure process back in July; but did not apply for the deed to be transferred into their name until October 4 (after our contract closing date). Wells Fargo did not have the deed recorded in its name until November 11; 15 (fifteen) weeks after they put it on the market.

As a result of their delays I had to return appliances (delivery and penalty fees incurred totaling nearly $1,000); would have been charged nearly $600 from my mortgage company to keep the loan open; had to break up some parts of repair and construction costing an additional $800.

Since then I have filed as many complaints as possible. They have responded with half truths and, I will say "mistakes" instead of lies. I even have proof of these "mistakes"; but they do not seem to care.

I am waiting for a Federal complaint to finish up before pursuing legal options. I never signed a release of contract, so legal options are still available.

On top of all of this, I was treated with complete disrespect, literally from the time I made the initial offer. I would not be surprised if the banks could get away with murder.

Company: Wells Fargo
Country: USA
State: Minnesota
City: Bloomington
Address: 2051 Killebrew Dr

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