Buy A Foreclosed Home From Wells Fargo - How To

You must obtain a free pre-qualification letter from Wells Fargo Home Mortgage to submit an offer, even if you eventually use a different lender.

Properties are sold in their current condition with no warranties. Wells Fargo is not required to provide standard residential property disclosures. how to buy a foreclosed home from wells fargo

You cannot negotiate directly with the bank. You must use a licensed real estate agent to submit offers to the listing broker. You must obtain a free pre-qualification letter from

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 You cannot negotiate directly with the bank

If utilities are off, the buyer is responsible for costs to de-winterize and re-winterize the property for the inspection (typically $500–$600 ).

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