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Your Hillsborough, Pinellas, Sarasota
and Manatee Counties REALTOR for the World
Savings Bank, Wachovia, Wells Fargo
"Fast Track Program"
Great news! Wachovia bank recently unveiled
their new “Fast Track” short sale program in
Central Florida. This program was developed to
assist homeowners with loans with loans from
World Savings, Wells Fargo and Wachovia.
Streamlined from beginning to end, this new
short sale program provides for fast and easy
processing, giving relief for Central Florida
home owners who are having trouble making their
mortgage payments, or who are upside down by
owing more for their home than it’s worth in
today’s market. The “Fast Track” program offers
many advantages as compared to a normal short
sale or foreclosure, as follows:
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The Florida market has been hit hard by the
rapid decline of the real estate values. In some
areas, home values have dropped by over
48%. There are thousand of homeowners in
Florida with mortgage loans from one of the
above mentioned banks. Recent reports have also
shown that over 55% of Florida homeowners owe
more in mortgage debt than their home is worth,
which means thousand homeowners could benefit
from this new “Fast Track” program.
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