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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 [...]
Posts Tagged ‘Short Sale Education’
Negotiating Short Sales with Two Loans, Same Lender
April 1st, 2010 14 Comments
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. [...]
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 [...]
Create 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 [...]
Why Homeowners Need to Consider Short Sales
February 3rd, 2010 No Comments
There have been so many news articles about homeowners walking away from the financial obligation to their mortgage. In response, there has been a lot of opinions about how these homeowners are not taking an ethical stance and avoiding their responsibilities. The result will be billions of dollars spent by the U.S. government to aid [...]
Approved Short Sale Qualifications
February 1st, 2010 No Comments
The most important activity when deciding to pursue a short sale deal is to determine whether or not the homeowners situation would qualify for a short sale approval. If this task is not done, you could be working on a “dog” deal that has no chance of closing, therefore wasting your precious time you could [...]
Top Ten Tips to Buying Foreclosures
January 28th, 2010 No Comments
The numbers of reported foreclosures nationwide hit 2.8 Million in 2009. The number of foreclosures for sale is astounding and although there are many opportunities to purchase a foreclosure for a huge discount, buyers should be aware of the issues that may come from these distressed properties. Any buyer of a foreclosure should practice sound [...]
Posted in Articles, Featured Tags: Foreclosures, Short Sale Classes, Short Sale Education, Short Sale Success, Short SalesJunior 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 [...]
