Your all-cash offer approved and joined in to a property sales agreement to buy a foreclosure from Wells Fargo REO Department in La through their broker ReMax in October. No contigencies and all as-is foundation equally appropriate.
Also provided a fast close of 15 times - all-cash, quit a considerable deposit with name company.
It's been 6 months but still no term from Wells Fargo REO. Their reaction mentioned they've not vested the name. Meanwhile Wells Fargo is spending the home tax at $1,200/month, HOA costs Mello Roos at $580/month and common home resources. Plus their particular insurance about the home possibly at $200/month.
To ensure that is approximately $2,000/month for 6 months is $12,000.
Could somebody else discuss this case to be "regular" for an Wells Fargo REO Foreclosure?
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