Financing Your REO Property 245

Training Provided by Certified Foreclosure Agent Program Webinar Description: When working with banks and other REO sellers it is critical that your buyers have their finances well in order before submitting offers on their properties. Put simply, at this stage of the process it is unacceptable to miss out on commissions simply because you failed to dot all your "i's" and cross your "t's." In addition, REO properties are often sold "as is," which could raise a few red flags when it comes to finding the right loans. Accordingly, you have to know this system inside-out, understanding your buyers' individual financial situations and knowing whether or not their properties will qualify for financing.

Financing Your REO Property 245 Cathy McDaniel -who boasts more than 15 years in the REO industry working alongside banks, lenders, asset management companies, buyers and mortgage lenders- goes in-depth on everything you need to know regarding how to finance REO deals right every time in this two-and-a-half-hour Certified Foreclosure Agent training course offered through Foreclosure. com Agent University.

She has worked within the REO arena for nearly two decades as a Broker Price Opinion (BPO) specialist and REO listing agent, working HUD homes for major industry players such as Freddie Mac, HomeSteps and Countrywide, among others. Cathy knows REO financing inside-out.

This course will cover:

* The definition of "as is" condition from mortgage companies
* Planning for a mortgage today and the importance of selecting
the right loan for your buyer
* The REO seller sets the rules: What does the REO seller want from
the buyer and his or her lender?
* Mortgage products - FHA 203(k) streamline "Buy and Repair"
and "Energy Efficient Mortgage" program

"Financing Your REO Property" will provide you with better understanding on financing REO properties and identifying property condition lender concerns, as well as details of several FHA "buy and repair" finance programs and what REO sellers require from the buyers and their lenders prior to closing.

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? Contact us to find out more.

About The Training Provider: Certified Foreclosure Agent Program

More Certified Foreclosure Agent- Specialist Training from Certified Foreclosure Agent Program

• Certified Foreclosure Specialist- Package
• Effective REO Property Listing Management 240
• Foreclosure Marketing 215
• Jump Start a Booming REO Business 230
• Working with REO Buyers 235