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3 HR CE | Short Sale Expert
September 1 @ 10:00 am - 1:00 pm
Live ZoomCLICK HERE TO REGISTER
Mortgage companies are well aware of the unfortunate circumstances that could cause a distressed homeowner to fall behind or they are no longer able to make their monthly mortgage loan payments due to COVID-19 pandemic, job loss, unusual medical cost, death of an owner, natural disasters and other negative financial situations. In today’s economy, the vast majority of properties will likely require a short sale.
There are Federal mortgage servicing laws that require the mortgage company to work with the homeowner.
A short sale is an alternative to foreclosure. The homeowner’s lender or servicer agrees to a short sale, you may be able to sell your home to pay off your mortgage, even if the sale price or proceeds turn out to be less than the balance remaining on your mortgage.
Know the laws, procedures, timelines and scams. Let’s review:
Federal mortgage servicing laws
What exactly is loss mitigation?
Short sale qualification, process and procedures for the:
Recovering after a short sale