Wells Fargo REO refers to the foreclosed properties and homes that do not sell at the auctions. The bank assumes the ownership and transfers these to a specialized REO department which maintains business liaisons with a number of asset management companies and real estate agents to sell these to end users, often at a reduced price. First time home buyers may find it easy to own a bank-owned property as it may cost less than the market price and there are also home mortgage solutions made available by banks like Wells Fargo Home Mortgage (WFHM).
Wells Fargo REO Properties
Wells Fargo offers REO properties for sale through its division known as Premiere Asset Services (PAS), which is an independent company offering outsourcing and eValuations Services across the country. It has a large network of agents, vendors and brokers that help it sell real estate owned properties held by its clients. If you are a professional and want to become a Wells Fargo REO agent, you can contact at [email protected] to know about the details of a broker application and other requirements.
Home buyers looking for a home owned by the bank can conduct a property search online at the REO website of Wells Fargo Bank. It is also possible to sign up for Email Alerts and receive information on latest properties as soon as they are added to the Wells Fargo REO Listings. Register online to subscribe this service and get instant information on the homes for sale matching your criteria. Moreover, there is a special program known as Real Estate Owned Property Donation Program that aims at providing homeownership opportunities to low-to-moderate-income (LMI) people. The request to participate in the program can be sent to [email protected]
Wells Fargo REO Department
Contact Wells Fargo REO Department to learn more about the process to buy a house that it owns. The department is accessible by phone as well as by email. Call 866-518-2164 to obtain all necessary details. If you want to get information regarding home mortgage assistance, you can dial 877-937-9357 to talk to a WFHM specialist. For further inquiry you can also contact the Housing Foundation at 612-667-5131. Property Preservation Vendors can call 866-518-2164 or email at [email protected] Brokers and Real Estate Agents should contact PAS for anything they want to know about portal registration, addendum, forms and application process.
Wells Fargo REO Department Phone Number: 866-518-2164
Check the list of Wells Fargo REO Homes and Properties for Sale at the following website.