Distressed Properties (Short Sales, Foreclosures, And Lender REO's)
(Course Materials in Printed Format)
This course is Department of Real Estate (DRE) accredited for 4 hours of Continuing Education (CE) in Consumer Protection.

Printed course materials will be provided to you by the Association on the day of the course

Course Description
This course familiarizes real estate agents with the procedures used in the sale and disposition of distressed properties. It reveals opportunities for business with sellers, buyers, and lenders, and provides a clear understanding of agents' responsibilities. The job description and required paperwork changes according to whom the agent is representing.

In certain markets, homeowners are unable to make their mortgage payments in a timely manner. Foreclosures have increased and lenders who now own these properties may want to salvage as much value as they can. Buyers are also excited about the prospect of buying from a truly motivated seller. All of these potential clients need help - qualified, professional help.

The “Distressed Properties” course shows agents how to provide assistance to “short sale” sellers and work with lenders who have foreclosure property, also know as Real-Estate-Owned (REO). Students also gain an overview of the tax/credit impact of these sales.

Instructor
Neil Kalin, C.A.R. Assistant General Counsel

Date
Wednesday, March 17, 2010

Time
9:00 a.m. to 1:00 p.m.

Location
Rim O' The World Association of REALTORS®
28200 Highway 189, Suite F-290
Lake Arrowhead, CA 92352-0879
Phone: 909-337-2473

Transfer, cancellation and refund policy:

You may transfer to a future session or cancel without penalty at any time up to seven (7) days prior to your course. If you provide C.A.R. Education with less than a seven (7) day notice, or fail to attend, you will be liable for the entire course fee. Cancellations, transfers, and refunds must be received in writing by email to Cecilia at ceciliam@car.org. Refunds will be issued in the same form of payment that was made. Please allow two weeks for processing. Registrants who cancel will not receive course materials or may be subject to a cancellation fee for downloadable PDF materials.

We understand that this is an important investment for you but your attendance is important for the attendance of each course. Please call 213-739-8278 for additional information.