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Updated over 14 years ago,
Wells Fargo Short Sale Addendum
I am real close to getting a verbal approval from Wells Fargo on a short sale deal I've been working on.
Today they sent me a couple of more items they need to move forward; one was a "short sale contract addendum".
One of the terms in this addendum states:
"The parties agree that this short sale transaction will not constitute appraisal fraud, flipping, identity theft and/or straw buying".
I'm stuck. Surely people are buying and reselling wells fargo short sales. How do I get around this?
Thanks in advance for any help!!