Assumptions and Seller Financing, 2 Hours of Real Estate Core Credit.

9:45 am - 11:45 pm: Assumptions, how they work, and why use an assumption addendum.

(RC 241042 2 hours CORE credit)

• Definition of Assumption
• What Types of Loans are Assumable
• Release of Liability
• Credit Worthiness
• Eligibility Requirements for VA & FHA
• Required Documents for Approval
• Secondary Financing
• Seller Contributions
• Timelines
• Denials
• Assumption Addendum
• The Closing Statement

11:45 pm - 12:30 pm: Lunch will be served

(Courtesy of Inwest Title)

12:30 pm - 1:30 pm: Seller Financing

(RC240807 1 hour CORE credit)

This class covers the seller financing addendum to the REPC, different options for seller financing and how each type works. You will learn when seller financing would be helpful and potential pitfalls.

Know what’s Happening Next — before everyone else does.

Get App

Host or Publisher Sinahi