Loans, Debt & Credit - View Single Post - Wells Fargo (second mortgage) wants us to wire money

amiesheikh · 07-26-2009, 01:47 PM

Your title company should be able to figure out a way to get this to work. I've had this problem a lot with my short sales (especially Countrywide/Bank of America). We have dealt with this issue by having the seller bring a seperate check to closing for the amount to the second trust to "pay them off".

I wouldn't wire any money to them beforehand. That sounds very fishy to me.

07-26-2009, 01:47 PM	#3 (permalink)
amiesheikh Senior Member Join Date: Jul 2009 Location: Northern VA Posts: 34 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wells Fargo (second mortgage) wants us to wire money Your title company should be able to figure out a way to get this to work. I've had this problem a lot with my short sales (especially Countrywide/Bank of America). We have dealt with this issue by having the seller bring a seperate check to closing for the amount to the second trust to "pay them off". I wouldn't wire any money to them beforehand. That sounds very fishy to me.