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Forums » Ask About A Real Estate Company » Wachovia commercial lending

Wachovia commercial lending Subscribe to Wachovia commercial lending

7 posts by 6 users

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G. C.


Forum_avatar_avatar-phcapital

Icon_minipost Mar 10 '08, 11:54 PM

I've heard good and bad things about Wachovia. They are fairly new here in So. Cal, so I'm not up to speed on them.

Anyone have an opinion?

Edited: 06/26/2010 at 04:50AM


Account Closed


Forum_avatar_avatar-thunderstruck

Icon_minipost Mar 12 '08, 04:17 AM

global,
if ever in doubt
the better business bueru, is one to(bbb)
so if this can help you

Edited: 06/26/2010 at 04:51AM


Joshua Dorkin

BiggerPockets Founder · Denver, Colorado


Forum_avatar_avatar-biggerpo
DonorPro

Icon_minipost Mar 12 '08, 04:21 AM

One of the largest banks in the country. They are stable and quite wel-known around the US. They may have exposure to sub-prime, but who doesn't, right?

I'm not sure how old the data on this site are, but the link below shows Wachovia as being the 3rd largest in the USA:
http://nyjobsource.com/banks.html

Edited: 06/26/2010 at 04:51AM

Small_bplogo20aJoshua Dorkin, BiggerPockets, Inc.
E-Mail: webmaster@biggerpockets.com
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Be sure to check out the BiggerPockets Blog at http://www.BiggerPockets.com/renewsblog/


G. C.


Forum_avatar_avatar-phcapital

Icon_minipost Mar 12 '08, 10:28 PM

Thanks!

Edited: 06/26/2010 at 04:51AM


Eduardo Fernandez

Real Estate Investor · Los Angeles, CA


Forum_avatar_avatar-efdevelopment

Icon_minipost Apr 17 '08, 05:56 AM

Wachovia just raised $7 Billion from existing shareholders and cut their dividend. They will survive!!! I just saw a new branch in Santa Monica and new billboards off the 10 fwy. They definitely want to enter this market.

Edited: 06/26/2010 at 05:03AM


Ralph Lewis

· Doylestown, PA


Forum_avatar_avatar-pabizman

Icon_minipost Jun 02 '08, 05:41 PM

I deal with them here in PA. Their customer service and attention to detail is their strong point. This is very impressive considering their size. I would say that this distinguishes them from other large banks. Smaller banks may not offer the resources or programs you need. Customer service from a large bank with resources -- I consider them to be a unique package in terms of getting the job done with the least amount of anxiety.

Edited: 06/26/2010 at 05:17AM


Michael Lewin

Real Estate Investor · Glendale, CA


Forum_avatar_avatar-lossmitigator

Icon_minipost Jul 24 '08, 08:34 AM

As you may now know, W. is having trouble... losse$ and lay offs.

Edited: 06/26/2010 at 05:34AM


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