Short Sale Expert Certificate – Working the Lender, Homeowner, Buyer | 3 Hours CE ($25)
September 22 @ 10:00 am - 1:00 pm
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:
- The lender
- The homeowner
- The buyer
- Recovering after a short sale
(This class will be live video streamed via Zoom. If you are not already familiar with the Zoom platform, please try and familiarize yourself prior to the class. Click here to contact us if you have any questions.)