Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Foreclosures, Short Sales, REOs and Auctions (6-Credit Hours)

Alabama Salesperson CE Foreclosures, Short Sales, REOs, and Auctions

Price: $49.00

Credit Hours: 6

Key Points:

Nearly 40% of all homes sold are one of these…

Shockingly, the distressed property market continues...but – even more shocking – sales are on the rise! With the number of homes going into foreclosure and short sales today reaching unprecedented highs, it is increasingly important for licensees to stay current on these topics so as to remain competitive and successful.

In this course, you will review both the judicial and non-judicial foreclosure availability along with rights of redemption and foreclosure timelines. You will learn the pertinent forms used in short sale, REO, and auction proceedings along with all the key terms and definitions of the foreclosure business.

Whether you just need to sharpen your distressed property skills or are jumping in for the first time, this course is made for you. From identifying and marketing a short sale property to knowing the right person to connect with at the lender and how to participate at an auction, this course can help guide you to success.

Topics Include:

  • Foreclosures: An Introduction   
  • Identifying the Short Sale Property                                                                         
  • Marketing the Short Sale Listing                                                               
  • Short Sale Contracts                                                                                                                      
  • Making the Sale with Loss Mitigation Departments                         
  • Who to Contact? Asset Management Departments                        
  • Purchasing Lender-Owned (REO) Properties                                      
  • Broker Auction Procedures                                                                                        
  • Client Auction Procedures