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