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Wells Fargo
Wells Fargo WFHM Premiere Asset Services PAS Home purchase delay and breach of contract Bloomington, Minnesota
17th of Dec, 2010 by User760370
Wells Fargo and their real estate division, Premiere Asset Services (PAS) put a house up for sale here in Norwood, OH before they legally owned it. The then went into a contract with me, breached the contract, caused delays (and me to incur costs"; then refused to pay for the delays they caused.

Wells Fargo advertised the house in the MLS the first week of August, 2010. I made an offer, and it was accepted by Wells Fargo August 19; we had a closing date of September 24. Wells Fargo had started the foreclosure process back in July; but did not apply for the deed to be transferred into their name until October 4, 2010 (after our contract closing date). Wells Fargo did not have the deed recorded in its name until November 11; 15 (fifteen) weeks after they put it on the market.

As a result of their delays I had to return appliances (delivery and penalty fees incurred totaling nearly $1,000); would have been charged nearly $600 from my mortgage company to keep the loan open; had to break up some parts of repair and construction costing an additional $800.

Since then I have filled as many complaints as possible. They have responded with half truths and, I will say "mistakes" instead of lies. I even have proof of these "mistakes"; but they do not seem to care.

I am waiting for a Federal complaint to finish up before pursuing legal options. I never signed a release of contract, so legal options are still available.

On top of all of this, I was treated with complete disrespect, literally from the time I made the initial offer. I would not be surprised if the banks could get away with murder.

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