Nothing Is Ever What It Seems

Short Sale Power Hour

Group 4610 loves mindset Monday. The guys are a slight bit wound up this week because of an experience with one of the largest servicers in the country.

The servicer, Wells Fargo in this instance, has some rules in position. Until recently, Fred and Kevin worked hard to understand and relate the bank guidelines to the short sale process in order to make the entire short sale procedure work easily. After all, that is why the lenders put guidelines like this in position, to help their procedure work more smoothly. In this precise instance, dealing with the VA as the investor, there were things going on behind the scenes with the lender, the investor, and the negotiator.

This lends itself to a valuable message. Nothing is ever as it seems. For several months now, Kevin and Fred have been dealing with Wells Fargo in short sales and have truly enjoyed dealing with them as their procedure and rules seem to work well. HOwever, recently, despite the negotiator in accord with Kevin and Fred on a file, Wells Fargo claimed that because of their rules, nothing else could be done.

And again, Kevin and Fred were reminded that nothing is ever what it seems. In spite of a firm conviction that the bank or the investor couldn’t labor outside of those rules, Kevin and Fred found out that those rules could be broken.

Nothing is ever as it seems. Contemplate this. It takes an ounce of information to form perception, but it takes a ton of information to change perception.

There will be more details about the matter with Wells Fargo and the VA in future episodes, but the most critical message to take away from Mindset Monday is this. Perception is formed by an ounce of information and changed by a ton of information.

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