Short Sale Basics 101
Short Sale Basics is a 3-hour, live-lecture course for anyone interested
in learning more about short sales. Topics include: the initial
interview with the seller, "putting it all together," accepting the offer, and
processing the short sale. Participants will also earn 3 hours of
continuing education credits which may be applied toward their DRE license
renewal.
Instructor
Vanessa Liddell
Audience
Any licensee interested in understanding Short
Sales
Objectives
> Explain the short sale process to
clients
> Identify properties and sellers that qualify for a short
sale
> Complete short sale paperwork accurately the first time
Materials Provided
> Comprehensive 50-page
workbook which includes the presentation, sample letters and
worksheets.
> Samples of the following C.A.R. Standard Forms:
- Short Sale Listing Addendum (SSL)
- Short Sale Addendum (SSA)
- Purchase Agreement Addendum (PAA)
- Home Equity Explanation and Agency Agreement
(HEEAA)
- Notice of Default Purchase Agreement (NODPA)
- Notice of Cancellation of Notice of Default Purchase
Agreement (HENC)
- Authorization to Receive and Convey Information
(ARC)