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Presentation:
 
 
Subject: Short Sale  
Title: Pre-Foreclosure "Short-Sale"  
Time: 4 hrs  

Course Outline in PDF format  Register September Classes   Register October Classes

PRE-FORECLOSURE “ SHORT SALE”

This 4 hour course is designed to teach REALTORS® the practical steps necessary to successfully market and complete the sale AND closing when the client owes more than the property can bring on the open market.

You’ll learn. . . . . . .
*Critical marketing guidelines
* What the bank expects
* Role of a Hardship Package
* Time, Is there enough?
*  How to Get to the Closing Table

Practical, concrete step-by-step instructions with ample discussion. Sample hardship packet as well as other handouts.  Don’t miss this timely class. Stop telling  potential clients there is nothing you can do!  THERE IS!!!

        ADVANCE REGISTRATION:   $59.00

**Registration is required, confirmation will be sent once payment is received. Registration less than 24 hours  before the class will be charged $65.00,if space permits. 

Presenter: Mildred Wilkins, President
Home Ownership Matters
E-mail:
mildred_b_w@msn.com

Call:  Mildred Wilkins (317)  549-3918 or FAX:   (317)   595-6200
Email:    mildred_b_w@msn.com

_________________________________________

Short Sale Training - course outline
Four hour continuing education credit



I. Foreclosure Overview……………….15 minutes

II. The Main Event………………………….30 minutes
Explains the role of the REALTOR®, Borrower, and Lender’s Loss Mitigation Department in the Short sale process.

III. The Listing…………………………………30 minutes
Illustrates how to successfully list a property for Short sale with sample documents.

IV. The Lender’s Package……………….45 minutes
Includes explanation and sample documents of correspondence to Lender, market analysis, and marketing.

(Break..........................................15 minutes)

V. Federal Regulations……………………50 minutes
Current mortgagee letters covering the HUD Loss Mitigation program.

VI. The Hardship Package……………….15 minutes
Explanation and sample of documents needed for Lender’s Loss Mitigation Dept. to decide eligibility for Short Sale.

VII. Glossary………………………………………10 minutes
Explanation of important terms associated with Short sale and foreclosure.

VIII. Questions and Answers………………30 minutes
Class discussion and clarification highlighting major points of training course.

 

Call:  Mildred Wilkins (317)  549-3918 or FAX:   (317)   595-6200
Email:    mildred_b_w@msn.com

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