• Report: #991901

Complaint Review: Wells Fargo Financial

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  • Submitted: Sat, January 05, 2013
  • Updated: Sat, January 05, 2013

  • Reported By: vyletterose — springdale Arkansas United States of America
Wells Fargo Financial
4119 121st street, urbandale iowa 50323 urbandale, Iowa United States of America

Wells Fargo Financial real estate department when they realized their mistake, they wouldnt release the mortgage, since the people did not own my property, and therefore i lost out on sale of my property..and eventually took a big loss because o urbandale, Iowa

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wells fargo erred when they granted a loan on my real estate property to prior owners who no longer owned it. i purchased the property in its entirety oct 2003, from a couple that was split up, yet still married. in dec 2003, the woman of this couple took out a loan in her husbands name, using my property. wells fargo did not do a research on the property, apparently, assuming that the couple still owned it, and granted the loan against my property to them (they no longer owned this property at all). when i went to sell the property, i contacted wells fargo, sent them a copy of all the paperwork, and asked for them to release that mortgage. at first they were all for getting this cleared up..suddenly, i could no longer speak to them for they had sent it to their legal dept. to this day it has not been rectified.

This report was posted on Ripoff Report on 01/05/2013 03:17 PM and is a permanent record located here: http://www.ripoffreport.com/r/Wells-Fargo-Financial/urbandale-Iowa-50323/Wells-Fargo-Financial-real-estate-department-when-they-realized-their-mistake-they-wouldn-991901. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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