Short Sales & the Foreclosure Market - Advanced
Price: $99.00
Descriptions:
The state of foreclosures has a significant impact on the real estate market. With this class, you (brokers and investors alike) will gain valuable insight into the foreclosure process and get the tools necessary to make a short sale happen!Topics covered in this class will include:
- The foreclosure process - from Default to Auction
- Pre-foreclosure as an investment strategy
- Working on a short sale with the borrower
- How to deal with the bank
- Expediting the process
- Distinctions - Cooperatives vs. Condominiums
- and more!
- How to I evaluate market conditions?
- How do I determine the shortfall of the loan?
- What are each particular lender's standards? (Please note - standards vary between independent banks, commercial banks, and government lenders.)