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Wells Fargo short sale closed
Closed a Wells Fargo short sale.
Original Mortgage amount $150,000
Sale price $115,000
$2000 for buyers closing costs
$6900 for real estate commission
$1300 for 2009 taxes
FInal net was $104686
Approved in 20 days
Panama City, FL
Buyer agreed to make some electrical repairs to close
Replies to This Discussion
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Permalink Reply by Kent Dills on -
Good job Jeff! Why'd they grind you down so hard on real estate commissions (approx. 4.6%)?
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Permalink Reply by Terri Wisecarver on -
Was it a straight loan with Wells, or ASC servicing the loan?
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Permalink Reply by Terri Wisecarver on
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Awesome JOB
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Permalink Reply by Jeff Payne on
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sale price was $115,000, 6% commission. The original mortage was for $150,000
Kent Dills said:Good job Jeff! Why'd they grind you down so hard on real estate commissions (approx. 4.6%)?
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One mortgage with Wells.
Terri Wisecarver said:Was it a straight loan with Wells, or ASC servicing the loan?
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