This is becoming interesting as an example of how a lender handles an REO. The data shows the property is bank owned (Wells Fargo), seller contact is Wilshire Credit Corp, alternate contact is Quality Loan Service Corp.

Going back through the history, the NOD filing shows the lender is Wilshire Credit, trustee is Quality Loan Service. No mention of Wells Fargo. Why does Wells Fargo suddenly show up?

What does this tell us? The realtor told me within 5 days of the planned auction, that he had an offer and was getting ready to call the lender to discuss it. Perhaps the offer fell through?

The For Sale sign is no longer up. Isn’t the bank better off putting the house back up for sale, or will they go to auction?