Short Sale Training For Realtors

Note - there is NO CE credit for this course

Introduction to Short Sales

• Definition of a Short Sale
• Key differences between a Short Sale, Foreclosure and a Traditional Sale
• Why short sales are becoming more common in the market

Short Sale Process Overview

• Steps involved in a short sale transaction
• Pre-approval from lender (s)
• Seller qualifications and hardship requirements
• Listing and marketing the property
• Submitting an offer and negotiating with the lender
• Closing process and timeline

Colorado Foreclosure Process

• Where to find foreclosures and check status
• Importance of lender communication and timelines
• Common hurdles in short sale negotiations
• Dealing with multiple lien holders

Legal and Financial Considerations

• Seller's liability and potential tax implications
• Key documents and disclosures in short sale transactions
• Working with attorneys and other professionals

Host or Publisher Ben Gosz