Portland Real Estate Agent

Hello OSCAR MORANTE,

Please submit requested documents for seller x,

708- 0206216038

My name is x – deed in lieu analyst and I will be your contact until the file is assigned to a deed in lieu negotiator.

As you may be aware, the Approval to Participate in HUD’s short sale program has expired. HUD now requires Wells Fargo to move

forward with a Foreclosure Sale or a Deed In Lieu of Foreclosure.

A Deed In Lieu is a transfer of ownership of your property back to the

bank.

A Deed In Lieu may have an impact on your taxes so you may want to consult a local tax consultant if you have any questions.

Wells Fargo Home Mortgage cannot dispense tax or legal advice.

If approved for Deed In Lieu, you may receive an incentive from HUD up to $2000.00. HUD may use the $2000.00 incentive to resolve

Past Due Liens, HOA Dues, Utilities, or Repairs needed. It is your responsibility to maintain the property and ensure it is left in “broom

swept” condition upon vacating.

You are required to keep HOA and Utility bills current through the conveyance of the property to HUD.

Although you are not required to market the property, we are still willing to review any short sale offers that are presented.

Please note that once a Deed In Lieu is approved and signed or a Foreclosure sale has been scheduled we may be unable to review any offers.

If the property is not vacant please confirm the move out date. MUST BE WITHIN 60 DAYS OF TODAY’S DATE.

I will need the following documents:

1.COMPLETE DEED IN LIEU QUESTIONNAIRE.          

2.HOA RECENT STATEMENT (IF APPLICABLE).         

3.SIGN BY BORROWER SHORT SALE AFFIDAVIT         

4.ADD "ST" TO THE PROPERTY ADDRESS IN THE LISTING

EXTENSION.                                      

5. ADD EFFECTIVE DATE IN THE LISTING EXTENSION. 

<<…>>

DEED IN LIEU QUESTIONNAIRE:

REASON FOR DEFAULT:

CHANGE IN FINANCIALS SINCE ATP ISSUED?:

OCCUPANCY:

WHEN/WHY VACATED:

IF OCCUPIED, H/O ADVISED TO VACATE BY:

PROPERTY RENTED?:

DATES RENTED:

PENDING INSURANCE CLAIM?:

PROPERTY BEING MAINTAINED?:

____________________

BIZ ON PROPERTY?:

2ND MORTGAGE OR OTHER LIENS?:

HOMEOWNER MAILING ADDRESS IF VACANT:

MARITAL STATUS:

# IN HOUSEHOLD:

HOMEOWNER EMAIL ADDRESS:

___________________

H/O IN HOA: YES/NO

**HOA– REQUESTED PAYOFF VALID FOR AT

LEAST 60 DAYS.

All documents are to be received by 02/03/2012 by 3:30pm CST or the file will be denied and removed from the active deed in lieu inventory. 

Please fax all documents with valid loan numbers listed on each page to (866) 969-0103.

Feel free to contact customer service with any questions or concerns you may have at 866-903-1053.

Are you interested in doing a Deed In Lieu?

Thank you,

Please note my office hours: Monday – Friday 7:00 A.M. -3:30 P.M. CST

Thank You,

x

Loan Adjustor Specialist

FHA Shortsale

Wells Fargo Home Mortgage

11200 W. Parkland Ave

MAC x9400-015

Milwaukee, WI 53224

x

*Please note that this email does not constitute an approval nor do any statements within it guarantee an approval of a short sale of the referenced property.*

“Our mission is to provide great customer service, please contact my manager directly at Kx.Jackson@wellsfargo.com with positive feedback and/or concerns.”

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