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Provided by: Lorman Education Services Escrow Basics: The Keys to Successful Real Property Closings |
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Training
Provided by Lorman Education Services
nIf the closing of real estate related transactions is one of your job responsibilities, "Escrow Basics" is designed to provide you with the knowledge to obtain this goal but MUCH MORE - how to make it a successful, memorable and pleasant experience. Learn what escrow is, its role and the closing process. Both loan and sale escrow transaction are covered with emphasis on our current economy's most common escrows (REOs, bank owned and short sales) and how they compare to the traditional seller/buyer escrows. RESPA guidelines and pitfalls will be addressed. Wrapping this all together is the role of the title commitment and the forms of title insurance policies available to protect the principals to the escrow.
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Escrow Basics: The Keys to Successful Real Property Closings
Agenda
- Escrow Overview
- Defined
- What It Is, What It Is Not
- When Required or Needed
- Who Can Do It?
- Types of Escrow
- Real Property and Personal Property
- Holding, Disbursement, Payoff, Loan, Sale
- Real Property Escrow Transactions
- Loans
- Purchase
- Refinance
- Sales
- Traditional
- Real Estate Owned by Foreclosing Lender
- Short Sales
- Closing and Settlement Process
- RESPA
- Keys to the Successful and Timely Closing
- Title Commitments and Policies
- Their Role in the Escrow Process
- Policy Types
- Question and Answers
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies.
Please use Priority Code 16175 when registering.
Lorman Education Services began offering continuing education seminars in 1987.
Lorman Education is dedicated to providing cost-effective training opportunities that...
