Event Details for Face 2 Face - Short Sales & Foreclosues
Category of Event: Educational Events
Date: 02/10/10 08:30AM -05:00PM
The Short Sales and Foreclosure course counts towards earning N.A.R.’s Short Sales and Foreclosure Resource certification as well as one REBAC elective course to be applied towards the ABR designation.
SHORT SALES AND FORECLOSURES
“WHAT BUYER’S REPRESENTATIVES NEED TO KNOW”
For many real estate professionals, short sales and foreclosures represent the new traditional real estate transactions. Knowing how to maneuver the complexities of short sales as well as how to identify the distinct real estate opportunities in foreclosure are not merely good skills to have in today’s market, they are critical. This course helps students evaluate all available options for distressed homeowners and identify the components of an effective short-sale package. This course looks at how real estate professionals can counsel buyer-clients in the purchase of foreclosure properties and a s practical resource, this course show students how consumers can avoid foreclosure in the future.
Module 1: Homeowners in Jeopardy
· Understand why so many homeowners are in default.
· Define homeowners’ options when facing default.
· List the concerns of real estate professionals when working with homeowners in default.
· Facilitate a counseling session for buyers who want to purchase a short-sale property.
Module 2: The Short Sale Package
· List the content of the short-sale package.
· Understand the importance of a complete short-sale package.
Module 3: Foreclosure Opportunities
· Differentiate judicial foreclosure from non judicial foreclosure.
· Describe the foreclosure process.
· Explain how to work with a listing agent on an REO property.
· Facilitate a counseling session for buyers who want to purchase a foreclosure property.
Module 4: How Consumers Can Prevent Foreclosure
· Explain how future foreclosures may be reduced by educating the buyer public.
· Recognize the signs of mortgage fraud and predatory lending.
· Explain how mortgage fraud and predatory lending can impact home-buying decisions.
The Short Sale and Foreclosure course counts towards earning N.A.R.’s Short Sale and Foreclosure Resource certification as well as REBAC elective course to be applied towards the ABR Designation.
Cost: $85.00 includes course material in printed format
Instructor: Virginia Fields
Register at www.barevents.org
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