Do You (or Your Clients) Owe Lenders More Than The Property Is Worth?

July 14, 2008 - PRLog -- Wilshire Holding Group. Las Vegas, NV - Do you (or your clients) owe lenders more than the property is worth?
Wilshire Holding Group, Inc....can give you a second chance.
If you’ve decided to dispose of that property, don’t just walk away! Wilshire Holding Group has the answer!
"Wilshire Holding Group is giving homeowners who have lost their equity due to declining property values a Second Chance to purchase a new home." Ernest Rogers, Economist & Financial Advisor.

How can Wilshire Holding help?
If you owe more than your property is worth, Wilshire Holding Group, Inc. has a system of disposing of the property while partially insulating you from the disasters of debt relief, future liability and negative credit. Visit Wilshire Holding.

How does the Wilshire Holding Group do it?
Wilshire purchases, takes title to your property and assumes the loan(s) subject to your original agreement. It’s really that simple! Visit Wilshire Holding.

Wilshire will supply you with a Purchase Contract an Executed Transfer Deed between you and Wilshire or the conveyance document used in your State, a Loan Assumption Agreement and a HUD-1 Closing Statement reflecting the sale of your property to Wilshire.
It typically takes about 6 months after our acquisition to ultimately divest ourselves of your property. If you are living in the property, you may continue to live there as a house-sitter at no monthly rent.
How can Wilshire Holding help protect my credit?
Late Payment, Notice of Default, Foreclosure, Deed in Lieu of Foreclosure and/or a Short Sale...all of these items will seriously affect your credit and will hamper your ability to secure another loan on a new property for many years. Visit Wilshire Holding.

When you sell your property to Wilshire, these negative items that will appear on your credit history may be protested under the Fair Credit Reporting Act from the date Wilshire acquired your property.

You will be supplied with the names and addresses of all three credit repositories plus self-help instructions including successful strategies for credit repair. If negative statements should appear on your credit history, follow the instructions and write the bureaus demanding removal. You are also permitted to place an explanation on your credit report.

How does Wilshire help protect me from any potential future liability?
When you sell your property to Wilshire, our Mitigation Department actively negotiates with the Lender(s) to discount the note, and in many cases write off the liability completely. Part of our negotiations includes the Lender's release of any present or future liability related to the subject property. We have a staff of professionals that have the expertise necessary to negotiate with these mortgage holders. Visit Wilshire Holding.
Wilshire Holding Group, Inc....can give you a second chance. Visit Wilshire Holding now!

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Stuart Vener and Fred Claridge, President and Executive Vice President of the Wilshire Holding Group, Inc. have varied and extensive careers in business and real estate related activities.

Mr.(s) Vener and Claridge were pioneers in the "Second-Chance" property program when they founded Pacific Properties, Inc. in the 1990's and have a assisted thousands of satisfied clients 'walk away' from upside down, negative equity, properties.

For 16 years, Stuart Vener owned one of the largest mortgage companies in Los Angeles County. His real estate ventures date back to the 1960s. He developed a shopping and family entertainment center in the Orange County vicinity that often drew larger crowds than Disneyland.

He was real estate advisor and consultant to Noah Dietrich, the partner of Howard Hughes, and was personally involved in the acquisition, development and disposition of over 1,400 homes.