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 Trends’
Negotiating Short Sales with Two Loans, Same Lender
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 [...]
Cheap Homes for Sale in 2010
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. [...]
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 [...]
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