The Ins and Outs of Foreclosures and Distressed Property Sales- ZOOM
Tuesday, September 2nd
9:00am – 1:00pm
4CE credit pending
$15.00 or $5.00 with Education Passport
Instructor: Brian Woods
Registration Link: https://mdweb.mmsi2.com/spacecoastss/deeplinks.pl?type=EDU&id=25dis08
This class is designed to provide real estate professionals with in-depth knowledge and practical
skills related to foreclosure procedures and mitigation strategies. Participants will gain a
comprehensive understanding of foreclosure processes, ethical considerations, and effective
strategies to assist distressed homeowners facing foreclosure.
Upon completion of this course, will be able to:
1. Understand the three types of foreclosures
2. Describe the foreclosure process
3. Describe the difference between lender foreclosure and association foreclosure
4. Describe the difference between lender foreclosure and tax foreclosure
5. Understand how distressed property sales impact credit
6. Explain the processes and benefits of short sales and deed-in-lieu transactions as alternatives to foreclosure.
7. Understand the Mortgage Debt Relief Act
8. Recognize common foreclosure rescue scams and educate homeowners on how to avoid falling victim to fraudulent practices.
9. Explore federal and state assistance programs aimed at mitigating foreclosures and supporting distressed homeowners.
10. Recognize legal and ethical considerations when dealing with foreclosure cases and protecting homeowner rights.
11. Develop negotiation skills to work with lenders on loss mitigation options for homeowners.
12. Learn how to assess a homeowner’s financial situation to determine suitable foreclosure prevention strategies.