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By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
Are you looking to increase your short sale opportunities? If you are, you are doing the right thing as short sales are expected to be around until 2015.
Listen to this podcast from Ivan Choi, a former Bank of America executive, that claims the short [...]
Archive for the ‘Featured’ Category
Top 7 Sources for Short Sale Opportunities
May 24th, 2010 No Comments
BPOs a Key to Short Sale Success
May 12th, 2010 No Comments
By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
A Broker Price Opinion, or BPO, is the evaluation and estimation of a property that is typically performed by a local real estate broker. A BPO is more accurate than an AVM (Automated Value Model), which requires no on site visit but provides a [...]
Negotiating Short Sales with Two Loans, Same Lender
April 1st, 2010 14 Comments
By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
Negotiate with only one lien holder is the best short sale scenario, but what do you do when there are multiple liens with the same lender? It has been WHB Solutions experience that negotiating with the same lender can be an advantage depending on [...]
Top Ten Reasons Real Estate Agents Avoid Short Sales
March 29th, 2010 4 Comments
By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
Short Sales are frustrating. This is a fact. After helping hundreds of real estate agents analyze and close their short sale deals, WHB Solutions has always asked why, without our help, they would avoid short sales. Many of the answers that come back were [...]
Cheap Homes for Sale in 2010
February 23rd, 2010 No Comments
Demolishing home values in 2010
By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
Where are the cheapest homes for sale? Investors with deep pockets are picking up homes for 50% of current market value, regular home shoppers are looking for similar deals but do not want to pay all cash or in bulk. [...]
How to get a Loan Modification Approved
February 11th, 2010 No Comments
By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
Many people do not understand what it takes to get qualified for a loan modification. The general rule of getting approved is that you must be able to afford it! What this means is that you should be able to show income and assets [...]
New California Laws for 2009-10 Affecting REALTORS(R)
February 11th, 2010 10 Comments
By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
The following information from the California Association of Realtors was provided to address the many new laws that affect California Realtors and their clients. These new laws were published in conclusion of the first half of the 2009-2010 legislative session. The laws mentioned are [...]
Posted in Featured, News 
Tags: Short Sale Classes, Short Sale Education, Short Sale Program, Short Sale Success, Short SalesTop 10 Negotiation Strategies
February 10th, 2010 4 Comments
Negotiating with the foreclosing lender is the best option to stop a foreclosure. Lenders are in the business of loaning money, not owning homes. Many Real Estate Agents shy away from working on Short Sale transactions because they get frustrated with their mediocre results. Instead of complaining about why negotiating with a lender is so [...]
Participating HAFA Lenders
February 9th, 2010 2 Comments
On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). HAFA is part of the Home Affordable Modification Program (HAMP). HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure (DIL) used to avoid foreclosure on a loan eligible for modification [...]
Posted in Featured, News Tags: avoiding foreclosure, foreclosure, foreclosure alternatives, HAFA lenders, loan modificationCreate a Sense of Urgency = Faster Lender Response Times
February 8th, 2010 No Comments
When a loss mitigation negotiator has 500-1000 files to work on, almost every one of those files is seen as urgent. Foreclosure timelines may seem long but getting an approval from the lender and then waiting another 30-45 days for the deal to close, there isn’t much time at all. When you first get a [...]
