22 days before the closing and I get mail saying our flood insurance is cancelled due to non payment! Wells Fargo gets money from me to pay that out of escrow and they did not pay it.
And, to make matters worse, I see a tropical storm forming off the coast of South Carolina! Due to our location, this house can only flood from a hurricane storm surge; so we should be OK for another 22 days. I will have to put my trust in the Good Lord!
If I ever get another mortgage, I hope I don't get Wells Fargo!
-- Edited by Joe_Camper on Sunday 29th of June 2014 07:30:13 AM
cherylbrv said
08:03 AM Jun 29, 2014
I'm so sorry to hear about your woes! We had nothing but a month of headaches on the closing of our house -- the buyers were using Wells Fargo. If you google their reviews, you see nothing but horror stories. I hope things get better for you!
Jo And Craig said
11:26 AM Jun 29, 2014
Once upon a time when we had an escrow account they did not pay our taxes before December 31st. And just what did they tell me? "Look at it this way... you can deduct your taxes twice this year!" Really? Escrow closed and I took matters into my own hands!
Terry and Jo said
12:54 PM Jun 29, 2014
Joe_Camper wrote:
22 days before the closing and I get mail saying our flood insurance is cancelled due to non payment! Wells Fargo gets money from me to pay that out of escrow and they did not pay it.
And, to make matters worse, I see a tropical storm forming off the coast of South Carolina! Due to our location, this house can only flood from a hurricane storm surge; so we should be OK for another 22 days. I will have to put my trust in the Good Lord!
If I ever get another mortgage, I hope I don't get Wells Fargo!
-- Edited by Joe_Camper on Sunday 29th of June 2014 07:30:13 AM
Joe,
You need to be all over Wells Fargo on that one, especially if they are the mortgage holder. When we had a house, there were occasions when our mortgage holder (not Wells Fargo) forgot to pay the insurance from escrow. We simply reminded them that the insurance would be what paid off the mortgage if anything happened. Our mortgage holder (Chase, I think) got right on it and got things paid.
Terry
Joe_Camper said
05:15 PM Jun 29, 2014
Terry and Jo wrote:
Joe_Camper wrote:
22 days before the closing and I get mail saying our flood insurance is cancelled due to non payment! Wells Fargo gets money from me to pay that out of escrow and they did not pay it.
And, to make matters worse, I see a tropical storm forming off the coast of South Carolina! Due to our location, this house can only flood from a hurricane storm surge; so we should be OK for another 22 days. I will have to put my trust in the Good Lord!
If I ever get another mortgage, I hope I don't get Wells Fargo!
-- Edited by Joe_Camper on Sunday 29th of June 2014 07:30:13 AM
Joe,
You need to be all over Wells Fargo on that one, especially if they are the mortgage holder. When we had a house, there were occasions when our mortgage holder (not Wells Fargo) forgot to pay the insurance from escrow. We simply reminded them that the insurance would be what paid off the mortgage if anything happened. Our mortgage holder (Chase, I think) got right on it and got things paid.
Terry
They will be getting a call from me tomorrow, Terry!
22 days before the closing and I get mail saying our flood insurance is cancelled due to non payment! Wells Fargo gets money from me to pay that out of escrow and they did not pay it.
And, to make matters worse, I see a tropical storm forming off the coast of South Carolina! Due to our location, this house can only flood from a hurricane storm surge; so we should be OK for another 22 days. I will have to put my trust in the Good Lord!
If I ever get another mortgage, I hope I don't get Wells Fargo!
-- Edited by Joe_Camper on Sunday 29th of June 2014 07:30:13 AM
Once upon a time when we had an escrow account they did not pay our taxes before December 31st. And just what did they tell me? "Look at it this way... you can deduct your taxes twice this year!" Really? Escrow closed and I took matters into my own hands!
Joe,
You need to be all over Wells Fargo on that one, especially if they are the mortgage holder. When we had a house, there were occasions when our mortgage holder (not Wells Fargo) forgot to pay the insurance from escrow. We simply reminded them that the insurance would be what paid off the mortgage if anything happened. Our mortgage holder (Chase, I think) got right on it and got things paid.
Terry
They will be getting a call from me tomorrow, Terry!