Training

Webinars

Working with REO Buyers 235

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Description:

Buying homes from banks, mortgage companies or other lending institutions is unlike closing deals with private sellers. From negotiations to forms, coordinating distressed real estate transactions is an entirely different animal. In addition, REO sellers often have different policies, procedures and timelines.

But don't let these differences deter you from pursuing these amazing opportunities — if you know them like the back of your hand and understand the process it's as simple as 1, 2, 3. Change is good ... especially in this market.

Cathy McDaniel — who boasts more than 15 years in the REO industry working alongside banks, lenders, asset management companies, buyers and mortgage lenders — will shed light on all the important areas of REO purchase transactions that are different from your traditional state contracts in this two-and-a-half-hour Certified Foreclosure Agent training course offered through Foreclosure.com Agent University.

This course will cover:

Key points — "Purchasing an REO Property"
REO sellers' contingencies and various terms and conditions
Putting winning offers together
Ready, set, close!

Completing this course will help you write good, solid and complete contracts. It will also help you better communicate the details of REO transactions to your buyers, smoothing out the rough edges of the entire purchase process for rewarding, on-time closings.

Please note: You will be emailed the course test within one business day of your On Demand purchase.

Remember that this incredible career-building opportunity is discounted for current Certified Foreclosure Agent members. Not a Certified Foreclosure Agent member?

IN A HURRY?

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Presenter:

Cathy McDaniel

Cathy — a Master-level Certified Foreclosure Agent instructor — is one of the most recognized experts in the REO industry. Her background of more than 16 years as a real estate agent and loan originator gives her a unique insight into our current market condition.

She is one of the industry experts on matters related to HUD-FHA financing, bank foreclosures, BPOs, short sales, loss mitigation, pre and post home counseling, foreclosure prevention and intervention.
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Acting as consumer advocate to real estate and mortgage professionals, Cathy has taught over 20,000 real estate agents since 2007 and is the author and co-founder of the following designations exclusively presented through the American Real Estate University, Affiliates 360 Training and Foreclosure.com:

Foreclosure Real Estate Owned Specialist® (REOS)
Real Estate ShortSale Specialist® (RESS)
Real Estate Trusted Advisor® (RETA)
Real Estate FHA Advisor® (REFA)
Real Estate Loss Mitigation® and Short Sales® (RELM)
Real Estate Community Service and Outreach® (SERVE)
Real Estate HUD Homes and FHA Financing® (REGOV)
Faith Based Initiative® (GRACE)

Her most recent accomplishment is a book written specific for foreclosure prevention named "A Road Map to Saving Your Home" — a great resource for consumers, real estate and mortgage professionals.

Cathy was named the 2008 Educator of the Year by the Georgia Real Estate Educators Association for her innovative and effective approach to mentoring and training. She is also a certified REALTOR® and member of National Association of REALTORSŽ.
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