Working with Lenders - Short Sales - 3 Hours CE - LIVE Duluth

Working with Lenders and Mortgage Servicers Short sales happens when the homeowner is experiencing a financial hardship that is unavoidable, involuntary and beyond their control and they cannot afford the mortgage payment. Each lender and their mortgage servicer has very specific procedures and processes that must be met. Understanding what they are will help lead and guide your seller and buyer client through the short sales transaction smoothly. Let’s review fundamental practices that are required to get the poor performing asset off the lender’ balance sheet, help the distressed homeowner relocate and the buyer qualifications in working with the seller’s lender. • Loss mitigation • Short sale process • Working with the Lender • The paperwork The process of selling and purchasing a distressed property is complicated, requires great details and training to take on the specialized skills needed to complete sales transaction. Virtual Properties Realty – Duluth, GA 3 Hour In Class | Continuing Education My CE Class, LLC - School #5914 Cathy McDaniel | [email protected] Text: 404-550-0775 | [email protected]