Steve Capen's (scapen) Blog

Wells Fargo has two loss mitigation departments. One is located in Fort Mill, South Carolina. The other is located in Milwaukee, Wisconsin.Here is what we do to negotiate a short sale with Wells Fargo:To start a short sale with Wells Fargo, we first call 1-877-216-8448. We ask the representative ...

Pinellas County FL - I recently talked to a homeowner in foreclosure. She had heard of the short sale option. But, someone had told her that short sales are tough. They told her, "Banks never accept short sale offers. You are wasting your time if you try one." As a result, she never researched he...

Here is an interesting article that was written in the Washington Post:  Judges revisiting foreclosure cases may aid homeowners but clog markets Across the country, judges facing pressure from homeowners and their attorneys are beginning to reexamine old cases and dismiss pending ones.  This coul...

I meet a lot of people who don't believe they qualify for a short sale. When submitting a short sale offer, the lender will require a hardship letter.  This is where you tell the lender why you are requesting a short sale.  Some of the hardships that my clients have successfully used are: Unemplo...

Learn How A Short Sale Can Help You Avoid Foreclosure   Feeling like there is no other option but foreclosure can be an overwhelming experience. Know that you are not alone. Thousands of homeowners in the United States are facing the same challenges as you every single day. Now more than ever be...