Certified Short-Sale Professional Agenda

Online Course: ID# 1001358

Agenda
Course Overview
Overview & Administration
Introduction
Section 1: The Short Sale Market
Market Environment
Market Direction
A Recession-proof Career
ACTIVITY
Section 2: The Big Picture
What is a Short Sale?
How Do Sellers Benefit?
How Do Lenders Benefit?
When is a Short Sale Highly Likely?
When is a Short Sale Highly Unlikely?
ACTIVITY - Knowledge Check - Sect 2
Section 3: The Short Sale Package
Short Sale Checklist
Hardship Letter
Short Sale Application
Recent Financial Statements
ACTIVITY - Knowledge Check - Sect 3
Section 4: Short Sale Finesse
Open Market Seasoning
Pricing
The Short Sale Offer
Appraisals / BPOs
The HUD-1
ACTIVITY - Knowledge Check - Sect 4
Section 5: Disclosures and Protections
Possible Tax Ramifications
Recourse vs. Non-recourse Loans
Agent Protections
ACTIVITY - Knowledge Check - Sect 5
Section 6: Short Sale Lead Generation
Short Sale Lead Gen Sources
"ACTIVITY:
Section 7: Foreclosure Timeline
Foreclosure Timelines
"ACTIVITY - Timeline interaction
Section 8: Practice
Practice Scenario 1
Practice Scenario 2
Practice Scenario 3
"ACTIVITY - Labeled graphic interaction.
Section 9 Conclusion
Conclusion
Final Test