Posts Tagged ‘Short Sale Program’

Negotiating Short Sales with Two Loans, Same Lender

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

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 [...]

New California Laws for 2009-10 Affecting REALTORS(R)

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 [...]

Why Homeowners Need to Consider Short Sales

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

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 [...]

Junior Lienholders Held to $3000?

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

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 [...]

The Terms of Foreclosure

The term Foreclosure describes the process of a lender who tries to recover monies owed on a loan in default by a borrower. The lender will try to sell the home via a short sale or take the home back as a REO (Real Estate Owned) property and put it up for sale. When a [...]

Total Benefits to Buying a Foreclosure

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 [...]

Tips on Postponing a Trustee Sale for Short Sales

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 [...]

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