Short Sales 101, 2 CE CREDITS: Learn what you need to know about a Short Sale transaction and the responsibilities of the Agents.

1) Review the Short Sale Timeline to get an understanding of the difference in time frame from a traditional sale.

2) Compare the Short Sale Timeline to the Colorado Foreclosure Timeline and learn what must be done to prevent foreclosure.

3) Explain what both Agent’s roles are in the transaction.

4) Learn why banks do Short Sales in lieu of foreclosing.

5) Common Seller questions and how to answer them.

6) What due diligence you must do before listing the property.

7) What required documentation do you need to complete a Short Sale.

8) How to write a Short Sale Contract and Short Sale Addendum.

9) How to review a Short Sale Approval Letter.

10) What additional closing documentation do Short Sales need.

Hosted by: Heather Moudry, Homestead Title heather@homesteadtc.com