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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 ‘News’ Category
Top 7 Sources for Short Sale Opportunities
May 24th, 2010 No Comments
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 SalesParticipating 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 modificationJunior Lienholders Held to $3000?
January 25th, 2010 No Comments
If you have done enough short sales deals involving multiple lenders, you will know that the most ideal short sale deal would be one with only one lien holder. When multiple lien holder approvals are required, negotiating a short sale approval can be tricky.
In transactions when there are multiple lien holders and the first mortgage [...]
2010 Short Sale Trends
January 22nd, 2010 2 Comments
If you are a Real Estate Professional, you are hurting yourself by not pursuing short sale opportunities. If you had a previous client in trouble, would you be able to serve them? Would you just walk away and hope you find another client who isn’t in trouble? If you are looking to stay in Real [...]
Posted in Featured, News Tags: Short Sale Classes, Short Sale Education, Short Sale Program, Short Sale Success, Short Sale Trends, Short SalesTotal Benefits to Buying a Foreclosure
January 18th, 2010 No Comments
With the number of foreclosures looming around each and every neighborhood, buying one can provide numerous benefits to the home buyer.
Many investors find it advantageous to purchase a home via a lease to own agreement. The reason is because they don’t have to put much money down and it helps to leverage the number of [...]
Posted in Featured, News Tags: Foreclosures, Short Sale Classes, Short Sale Education, Short Sale Program, Short Sale Success, Short SalesTips on Postponing a Trustee Sale for Short Sales
January 13th, 2010 No Comments
Do you have a Trustee Sale you need to postpone in order to complete your Short Sale deal? Do not trust the foreclosing lender to get it done. Trust us, we have lost deals when we counted on the lender to save our deal. Take action and put the power in your hands.
First, it is [...]
Lenders asking for seller contribution for Short Sale Approval
January 10th, 2010 No Comments
We are starting to receive requests from lenders who ask for a seller contribution before a short sale can be approved. This trend is different from the days where a lender would be able to just review the seller’s financial documents to verify that they do not have funds available to contribute.
Is it ever a [...]
New Pains to Bank of America’s Short Sale Process
January 10th, 2010 3 Comments
WHB Solutions is Real Estate Services Organization that helps educate hundreds of Real Estate Agents and Investors better understand how to monetize short sale opportunities in today’s ailing housing market.
If you would like more information on WHB Solutions Short Sale Education Products or Services, visit us at www.whbsolutions.com.
Disclaimer: WHB Solutions is a Real Estate Services Organization. WHB Solutions does not engage in Realtor, Mortgage Broker, Attorney, Tax Advisory, or other professional advice. If you need advice in these areas, please make an appointment with a licensed professional.
Posted in Articles, Featured, News Tags: bank of america, Short Sale Classes, Short Sale Education, Short Sale Program, Short Sale Success, Short SalesMy Day with Ocwen Short Sales
January 10th, 2010 No Comments
WHB Solutions is Real Estate Services Organization that helps educate hundreds of Real Estate Agents and Investors better understand how to monetize short sale opportunities in today’s ailing housing market.
If you would like more information on WHB Solutions Short Sale Education Products or Services, visit us at www.whbsolutions.com.
Disclaimer: WHB Solutions is a Real Estate Services Organization. WHB Solutions does not engage in Realtor, Mortgage Broker, Attorney, Tax Advisory, or other professional advice. If you need advice in these areas, please make an appointment with a licensed professional.
Posted in Articles, Featured, News Tags: Ocwen, Short Sale Classes, Short Sale Education, Short Sale Program, Short Sale Success, Short Sales