Wells Fargo uses this mini-site to manage and list its REO inventory.
Buying a foreclosed home from typically involves purchasing a Real Estate Owned (REO) property through their specialized asset management division, Premiere Asset Services (PAS) . 1. Finding Listings
Must be in certified funds (personal checks are not accepted) and made out to the listing brokerage. how to buy a foreclosed home from wells fargo
Properties are cross-listed on Zillow , Foreclosure.com , and Realtor.com.
An exclusive search tool for existing Wells Fargo customers to view home listings and market insights. 2. Pre-Approval Requirements Wells Fargo has strict financing rules for its REOs: Wells Fargo uses this mini-site to manage and
If utilities are off, the buyer is responsible for costs to de-winterize and re-winterize the property for the inspection (typically $500–$600 ).
Owner-occupants receive priority over investors during the first 15 days a property is on the market, as well as a new 5-day priority period following any price reduction. 4. Inspections and Closing Finding Listings Must be in certified funds (personal
Settlement is typically set for 60 days from the accepted offer date. Standard bank policy does not accommodate settlements in 30 days or less unless it is a cash purchase. Real Estate Home Search and Tool | Wells Fargo